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Jack Burns: Advanced Asset Allocation for the DIY Investor

The Security Analysis Podcast

CHAPTER

The Importance of Predicting the Future

I always thought when I was younger that macro is something that was predictable. And then slowly over like 20 years, I've gradually become less and less convinced that anyone has any ability to predict macroeconomic outcomes. Even those who successfully make macro calls, they can never seem to repeat the performance. You need an approach that doesn't rely on predicting the future.

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