What's the Power of History?

A lot of investors will look back like what we're going on right now with the pandemic. And they'll say, listen, at seven of the last eight days, the federal state cases, when the Fed rates rates this many points, this is what's going to happen next. But that's literally looking back on history and saying, okay, this is predictive of the future. So I think the truly, the truly great investors are able to be informed by all that history but then diverge from it in appropriate amounts.