Some of you may have heard some noise in the media over the past week about the small dip in ...
our blog
The Myth of Financial Predictions
September 19, 2010
We often receive questions about the short-term outlook for the market and economy. Our answer is simple: We have no idea. The following two charts below from Davis Funds show that the forecasts made by so-called financial experts often do not hold up to what actually happens.
Instead of attempting to predict what the market and economy is going to do, we seek out investment teams to build diversified portfolios of solid companies that we feel have the ability to endure regardless of what the future holds.
