forecasting

Chad Slater

In January, we were reviewing the Fund numbers for the 2016-year-end and there looked to be an error: the percentage return for the year was higher than the dollar change in the Funds Under Management and didn’t reconcile. After scratching our heads, we realised what the issue was, and it... Show More

This year’s stock-market correction reminds us once again that forecasting is folly. We have discussed this many times before so suffice it to say that the evidence is in: humans have no ability to say what will occur in the future. I was reminded of this courtesy of an article... Show More