When the weather report says there’s a 40% chance of rain, and it rains, do you lose faith in its predictions?
No — you recognize that the weather is inherently uncertain and that a definitive statement of whether it will or won’t rain tomorrow is usually the wrong thing to offer.
And that’s where most new investors go wrong. They want a precise answer to the question — which stock should I buy?
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The post Being (Approximately) Right appeared first on Safal Niveshak.
