The last two years have been full of one-off surprises. A global pandemic, supply chain disruptions, the Ukraine war. No wonder investors have had a hard time forecasting what is going to happen next.
In fact, in such an environment of repeating surprises, forecasting errors are larger than normal not just because it is harder to forecast something where…
Keep reading with a 7-day free trial
Subscribe to Klement on Investing to keep reading this post and get 7 days of free access to the full post archives.