Predicting the future

An extract from a recent article on Motley Fool titled “9 Financial Rules You Should Never Forget“-

2. Don’t try to predict the future.

A little more than a decade ago:

  • Greece was strong.
  • Russia was bankrupt.
  • Oil cost $13 a barrel.
  • AOL dominated the Internet.
  • Smart economists thought the [US} government would pay off the national debt by 2009.
  • Apple was a joke.
  • General Motors was at an all-time high.
  • Mark Zuckerberg was in middle school.
  • Y2K was a major worry.
  • Fortune named Enron one of America’s “most admired corporations.”
Social Share Toolbar

Comments are closed.