Avoid an Addiction to Prediction®. No one really believes the future can be predicted, yet investors are so fearful of the future that they will listen to anyone that appeases their anxiety.
There have been many studies, theorists and practitioners who have believed they have found the answer. The simple truth however, is that the market is such a complex and volatile system that no investor is capable of beating it entirely. However, there are a number of principles that have proven through time to be effective at guiding successful investment decisions.