The Pomp Letter
The Pomp Letter
Probabilities, Not Predictions
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Probabilities, Not Predictions

To investors,

Every January we are blessed with a barrage of new articles highlighting the predictions of investors across different asset classes. This year we already have everything from Wall Street expectations to bitcoin predictions.

Of course, nearly all of these predictions are wrong. It is impossible for humans to know the future. Andy Rooney onc…

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