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CFA SINGAPORE INSIGHTS
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Why analyst forecasts are lessons in futility
It is common knowledge that all forecasts are wrong; return forecasts over time frames like one year or less are extremely unreliable
Joachim Klement
Published Sat, Jan 12, 2019 · 5:50 am
As William J Bernstein observed: "The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell."
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