Oct 31, 2013 : The City and Wall Street send out beefy tomes at Christmas predicting where the S&P 500 and other market indices will be in a year’s time. James Mackintosh, investment editor, bemoans how useless these forecasts are and suggests a better, simpler method.
Check out this great short video below which shows how foolish it is to listen to the “experts”
Nomad Investment Partnership: Keep An Eye On The Unseen Risks
There are many ways to define risk. Warren Buffett has said that "risk comes from not knowing what you're doing." Q3 2020 hedge fund letters, conferences and more His mentor, Benjamin Graham, believed that risk should be measured as the chance of a permanent capital impairment of an investment. Seth Klarman also holds this view. Read More