๐Ÿ’Ž On the folly of forecasting (those who predict donโ€™t have knowledge)

As the sixth-century BC poet and philosopher Lao Tzu observed, โ€œThose who have knowledge donโ€™t predict. Those who predict donโ€™t have knowledge.โ€

Excerpt from: The Little Book of Behavioral Investing: How not to be your own worst enemy by James Montier