Predictions are difficult to make and can be a source of embarrassment. Take these for instance:
“It doesn’t matter what he does, he will never amount to anything.”
– Albert Einstein’s teacher to his father, 1895
“I think there is a world market for maybe five computers.”
– Thomas J. Watson, 1943, Chairman of the Board of IBM
“We don’t like their sound, and guitar music is on the way out.”
– Decca Recording Co. rejecting the Beatles, 1962 Continue reading “January 2012 Investment Review”