And as the true experts know, being an expert does not necessarily include beating the market....
These are all evidence, in my opinion, of how impossible it is for anyone to predict the future any better than the market. I am a physician, and if a child has cancer I am somewhat confident that I know the right plan for that child. However, this does not make me an expert about recessions, country level taxation and trade, or ideological market realignments. On top of that, the data is pretty clear that, even were I an expert in these fields, it would not enable me to beat the market. ...
Statistics: Posted by Fallible — Tue Aug 26, 2025 8:59 am — Replies 17 — Views 1986