Tuesday, January 9, 2018
Am I the only one ...................
.......................who thinks that most of the the problems we create in trying to solve problems we've created - or otherwise encounter - are caused by our confusion over "time frames"?
"People will be right for the wrong reasons and wrong for the right reasons but markets don’t care about these things over shorter time frames. Over any given year a great process can produce subpar results while a terrible (or no) process can produce phenomenal results. Bad decisions get rewarded all the time but luck doesn’t last forever in the markets. Eventually a good decision-making process will win out but over a one-year time frame anything can happen."
-Ben Carlson, as culled from this smart list of ten things investors can expect in 2018.
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