Browsed by
Month: January 2019

Worth Reading

Worth Reading

Worth Reading is a collection of interesting articles I found worthy of sharing with my readers. Below you will find the title of the article and its author (hyperlinked) and a brief description or excerpt. Worth Reading is published on an ad hoc basis.

Beware of Experts Bearing Forecasts

Beware of Experts Bearing Forecasts

Tis the season. Holiday cheer, New Year’s resolutions, and 2019 market outlooks! My New Year’s resolution is to skip the market outlooks this year—and hopefully every year thereafter. Outlooks are mostly meaningless and a waste of time. Why do I take such issue with market outlooks? First, they overload my inbox. Everyone produces them; asset managers, broker-dealers, registered investment advisors. I get outlooks from firms I’ve never heard of. Second, it’s common knowledge that forecasts are typically wrong. As proof,…

Read More Read More