YOUR MONEY
Forgo forecasting
Getting the prediction right is only half the job, knowing what will happen then is the other half
27 February 2025 - 05:00
A recent note from Morning Star South Africa reminded me about the S&P500 predictions from January last year. The average target for the year-end from 20 Wall Street strategists was 4,861, with the highest being 5,400. Yet at year-end S&P500 trading was almost 6,000.
Predictions are hard. But it gets harder...
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