So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “
August 09, 2011
As a wanna-be screen writer I know that drama is all about conflict. Without conflict there is no drama. It fascinates and entertains us. Innately, we desire to learn from other people’s mistakes.
In the investment business there is always drama in the macro picture. So Wall Street firms hire strategists who attempt to tell us...