Author: David Merkel

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Three More Reasons to Distrust Predictions

Comments are always appreciated from readers, if they are polite.  Here’s a recent one from the piece Distrust Forecasts. You made one statement that I don’t really understand. “Most forecasters only think about income statements. Most of the limits stem from […]

Photo Credit: darwin Bell || You ain’t getting out easily

Be wary of surrendering liquidity

How would you like a really good model to make money as a money manager? You would? Great! What I am going to describe is a competitive business, so you probably won’t grow like mad, but what money you do […]