Analysts, Economists, and Statisticians

I just listened to an analyst call that I downloaded electronically from October of last year.  I completely forgot about it back then and was amused to hear the very respected team discussing how they see oil moving down to the $70 range in the next 6 months because of some very academically sound reasons.

Good call.

This experience just reminded me that no matter what anyone says about business, the economy, or current conditions...it's up to YOU to do something for yourself.  Don't let whatever is happening out there "group-think yourself into the toilet".   

Most people that prognosticate on the future are guaranteed only one thing...incorrectness.