• It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

  Barry Ritholtz
  American author and newspaper columnist
  

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Subjects in these quotes:

1. forecasting
2. investment
3. accurately
4. dependent
5. markets
6. failure

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It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure. by : Barry Ritholtz

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