Why "Experts" fail with their forecasts???

Why "Experts" fail with their forecasts???

Here's an article from moneylife, which is a magazine that I like:

• Why Expert predictions go wrong - so often, so regularly?

Unfortunately, it is an article which is quite factual, but essentially useless - After all, do we really need such an article to let us know that short term predictions are never easy. (especially about the future, as Mark Twain is supposed to have said).

Regards,

N

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