History shows that Goldman is guessing about short term moves in the market. Those little oblong dotted lines on their chart are adorable. It's missing straight lines drawn in red with a ruler though.
"You get full points for telling me things before they happen, not afterward.”
"You get full points for telling me things before they happen, not afterward.”
Charlie Munger: "There’s always been a market for people who pretend to know the future. Listening to today’s forecasters is just as crazy as when the king hired the guy to look at the sheep guts. It happens over and over and over.”
"We've long felt that the only value of stock forecasters is to make fortune tellers look good." Warren Buffett
“I don’t let people do projections for me because I don’t like throwing up on the desk.” Charlie Munger
“I don’t let people do projections for me because I don’t like throwing up on the desk.” Charlie Munger
