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November 24, 2016
Here’s what the “experts” couldn’t predict:
- The Great Recession
- The rapid recovery in stock prices after the Great Recession
- Trump’s victory
- The run-up in stock prices after Trump’s victory.
Clearly, relying on the predictions of stock “gurus” is not an intelligent, reliable, responsible way to invest.
Self-Reliance Has New Importance
Deregulation is coming
If there’s one thing almost everyone agrees upon, it’s deregulation is likely to occur at an accelerated pace. This is especially true in the financial services area. There’s a better way to deal with this uncertainty.
Tweets Worth Sharing
- Cramer has no predictive ability. Pay no attention to his musings.
- Read this if you still believe in active management.
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