One of the more interesting aspects about the market in 2014 is how much it has managed to defy expectations. Consensus has been consistently wrong; indeed, it seems that any time there is an agreement of sorts on just about any issue, the opposite has happened.
Merrill Lynch’s legendary strategist Bob Farrell put together 10 Rules for Investing, and his rule #9 states that “When all the experts and forecasts agree — something else is going to happen.” That certainly seems to be the case so far in 2014.
Consider the following cherry picked anecdotes as, well, not evidence, but support of Farrell’s dictum: Continues Here
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
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