offline
Zitat:The 10 Most Important Lessons I've Learned in 25 Years of Trading (Part One)
1. Predictions and Forecasts Are a Waste of Time
Over the years, I've heard an uncountable number of predictions and forecasts. The vast majority have been wrong or so poorly timed as to be useless. Wall Street loves predictions and forecasts because that is basically what they sell. Brokers and advisors convince customers that they can predict the future better than they can and therefore, you should trust them with your money.
The reality is that it isn't predictions and forecasts that produce good returns. It is the strategy, reactions, and the ways you deal with the inevitable good and bad luck that will determine your success. What the future holds is unknown, but if we are prepared for surprises, we can find ways to profit.
---
https://realmoney.thestreet.com/investin...--15823521
