Fossil420's Hookah Lounge

[Fossil-Fuel]

All investors labor under a cruel irony: We invest in the present, but we invest for the future. And, unfortunately, the future is almost entirely uncertain. Inflation and interest rates are undependable; economic recessions come and go at random; geopolitical upheavals like war, commodity shortages, and terrorism arrive without warning; and the fate of individual companies and their industries often turns out to be the opposite of what most investors expect. Therefore investing on the basis of projection is a fool's errnad; even the forecasts of the so-called experts are less reliable than the flip of a coin. For most people, investing on the basis of protection- from overpaying for a stock and from overconfidence in the quality of their own judgment- is the best solution.