Stargazing into the Past for Directions into the Future
Alton Cogert, President & CEO, Strategic Asset Alliance
Yesterday, you peered into the night sky, viewing what occurred billions of years in the past. Alas, investment theory is not that old, but there are a few truisms within which we must view every investment decision. And those truisms may be hidden during times of stress in the financial markets. Why are expert predictions usually wrong? What can we learn from the past and apply to today’s economic and financial markets? And, where should we be aiming our ‘stargazing’ to provide lessons for the future?