18 Aug Why investors need to treat forecasts with caution
Key Points:
- The increasing noise around investing – associated with a messier economic and geopolitical backdrop along with an explosion in information flow and the rise of social media – is arguably accentuating a desire for investment experts, or influencers, to show us the way with forecasts.
- But while forecasts are often seen as central to investing, they should be treated with caution and are no substitute for having a disciplined approach to investing.
- The real value in investment experts – at least the good ones – is to provide an understanding of the issues and to put things in context to help avoid making silly mistakes.
