Buying Pols
Rent vs Buy
Yeah, but at least we pay them well
When researchers asked hundreds of chief financial officers from a variety of industries to forecast yearly returns for the S&P 500 over a nine-year horizon, their 80% ranges were right only one-third of the time. That’s a terribly low rate of accuracy for a group of executives with presumably vast knowledge of the U.S. economy.Better Decision Making
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