predicting...time spent trying is time wasted...

[Port1385]

"... if the smartest and best fund managers can't successfully anticipate a crash with any degree of confidence, you can't either. Time spent trying is time wasted...."

http://finance.yahoo.com/banking-budgeting/article/106158/The-Year-of-Wall-Street's-Fallen-Idols

 

[IShopAtPublix]

Quote from Port1385:

"... if the smartest and best fund managers can't successfully anticipate a crash with any degree of confidence, you can't either. Time spent trying is time wasted...."

http://finance.yahoo.com/banking-budgeting/article/106158/The-Year-of-Wall-Street's-Fallen-Idols

Maybe they are not as smart as they thought they were?

 

[Mav88]

give examples of trades that are not predictions.

 

[blackjack666]

^
x2

 

[nazzdack]

Quote from Port1385:

"... if the smartest and best fund managers can't successfully anticipate a crash with any degree of confidence, you can't either. Time spent trying is time wasted...."

Difficulty on your part or their part doesn't mean impossibility on other people's part.