are two types of prediction experts, says Warren Buffett.
are those who don’t know and those who don’t know they don’t know.
somewhere in the middle.
I may have called the bottom and top of housing, the top
of subprime and Alt-A, the death of Lehman Brothers and Bear Stearns, the
collapse of the UK economy and the Dow’s collapse to 6,500, including its
recovery. I may have also called for gold to rally well above $1,000 when it
traded under $850.