CAN ANY MAN PREDICT THE FUTURE? . . . . . . . . . No one predicts the future, yet we all do. Wise investors develop methods for predicting probabilities and evaluate them on a measurable scale

Asking such a question in itself may seem foolish. We generally understand that no one can predict the future and we understand, in another light, that we all predict the future in our lives, over and over again. What we don’t understand, but should, is an analytical way of looking at predicting the future, so that when we make predictions, we can test them ourselves by asking, “What are the chances that is so?” and “What is the evidence supporting the opinion as to the probabilities?” Predictions of the future may be evaluated on a measurable scale and analyzed considering probabilities.