MI171: The Psychology of Money Book Review (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Future Is Uncertain
The future is uncertain, and there's probably a chance that either could happen. Acting like you can consistently predict these short term movements with a high level of accuracy is probably a fool's errand. When projecting future returns, you might want to account for the possibility that future returns are potentially less than past returns. The us Stock market has returned six point eight % after inflation since the 18 seventies.
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