April 20, 2017
https://youtu.be/BQcrENXt29M?rel=0
The smartest investors ignore predictions. It would be great if someone could predict the future.
But there's no evidence anyone can do so reliably. Don't confuse luck with skill.
Even a stopped clock is right twice a day.
The financial media features pundits who make predictions. When they're right, it's luck.
They don't have any predictive skill.
Don't believe people who claim to have a skill that doesn't exist.
This video is part of the "Dan Solin's Investing Secrets" series on YouTube. Subscribe to Dan's channel and don't miss a tip.
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