Sunday, September 02 2012
A lot of money is spent every day trying to predict the next great investment. Large financial firms across the globe are expending time and energy in this pursuit.
Unfortunately the data keeps coming suggesting these pursuits on average do not provide the results they are attempting to create.
In a recent "Outside the Flage" piece, Jim Parker from Dimensional Fund Advisors provides some recent examples of how financial forecasts have turned sour.