3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP547: The Truth About Stock Market Forecasts

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Joys of Compounding

This week's episode of THE Investors Podcast is titled, Read More History and Fewer Forecasts. Benjamin Graham has stated that people do not succeed in forecasting what's going to happen to the stock market. Jason Zweig explains why this is: Just as nature abhors a vacuum, people hate randomness. The human compulsion to make predictions about the unpredictable originates in the dopamine centers of the reflexive brain.

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