Predictions of Uncertainty

predicitionIt is difficult to make predictions, especially about the future – Yogi Berra.

Each year there are predictions about the following year. This is easy to do because few go back to check what someone said. Did someone get it right? Wow! – you might think. But wait … who is consistent? No body is consistent when it comes to predicting.

Moral of the story: Learn to manage life embracing uncertainty because uncertainty is life. A prudent plan includes both when times are good and when times are not as good.

Link to video webpage.

More blogs on prediction addition and how to manage without them.

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2 Responses to Predictions of Uncertainty

  1. Larry Frank, Sr. November 13, 2014 at 12:45 pm #

    There is no modern day Nostradamus – especially for the markets!

    http://advisorinsightsblog.com/2014/11/05/there-is-no-modern-day-nostradamus/

  2. Larry Frank, Sr. December 17, 2014 at 3:36 pm #

    Market forecasters no better than flipping a coin research finds:

    http://advisorinsightsblog.com/2014/12/17/follow-a-forecaster-or-flip-a-coin/

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