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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Why We Listen To Bad Forecasts

FYI: In the summer of 1523 a group of fortune tellers warned that on February 1, 1524, the River Thames would swell so high it’d swallow London whole. It was met with widespread belief. People panicked.
Regards,
Ted
http://www.collaborativefund.com/blog/why-we-listen-to-bad-forecasts/
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