Do you think you can predict the result well?
Right now, many are predicting a US recession. Its interesting to find this article off Carpe Diem that Paul Krugmen predicted 9 out of the last top 10 non recession. That is a truly astounding record.
It goes to show that trying to predict it over a period of time and you will eventually get a recession. Even if you sail by a bear market.
Moral of the story: It will only confuse you if you keep hearing others predict recesssion. Look at the signs and make the decision yourself. If you buy assets at reasonable prices. you are less susceptable to large downsides as well. Buy undervalued companies as well.
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- IFS Capital 2007 Full Year Result:Doing Okay
- Food Junction 2008 Full Year Result Analysis
- Starhub garners great first quarter result 2011
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