My 8 Value Plays for '08: The Results [View article]
That was a noble thing to do, letting your deadly predicitons be the corpse we get to dissect in order to analyze the errors of our investing ways! From this article let's learn once again neither to predict nor to give full credence to predictions. Making more generalized comments which analyze trends is one thing. However, making specific predictions which might potentially mislead investors is another. Who knows who might read such advice lacking experience and would invest inappropriately because of a specific but erroneous prediction? Well, that's inappropriate. Wouldn't you say? Nonetheless, if you must make assumptions about future results, as anticipating the future is an inherent part of the investment process, add the requisite caveats, so the other possibilities of each scenario are sufficiently alluded to.
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That was a noble thing to do, letting your deadly predicitons be the corpse we get to dissect in order to analyze the errors of our investing ways! From this article let's learn once again neither to predict nor to give full credence to predictions.
Dec 27 10:44 am
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All Comments by Leser »My 8 Value Plays for '08: The Results [View article]
Making more generalized comments which analyze trends is one thing. However, making specific predictions which might potentially mislead investors is another. Who knows who might read such advice lacking experience and would invest inappropriately because of a specific but erroneous prediction? Well, that's inappropriate. Wouldn't you say?
Nonetheless, if you must make assumptions about future results, as anticipating the future is an inherent part of the investment process, add the requisite caveats, so the other possibilities of each scenario are sufficiently alluded to.