Don’t Count on History to Predict the Future

[Daniel Wagner] Pollsters, stock pickers, and political prognosticators have been spectacularly wrong in their predictions in the recent past—so frequently that doing so has become the norm. Their overreliance on historical performance to attempt to predict the future has often proven to be fallacious. Twenty years ago they might have been justified in presuming that … Continue reading Don’t Count on History to Predict the Future