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PAA - Oil Stocks: What I Got Right (and Wrong) About the Oil Market in 2019
Plains All American Pipeline L.P.
Toward the end of each year, analysts and market watchers make bold predictions about what they believe will transpire over the next 12 months. More often than not, these are "set and forget" proclamations since few prognosticators go back and review them for accuracy at the end of the year.
I, on the other hand, have found value in reviewing my prior predictions. That's because we can learn quite a bit from mistakes, which are quite common when making predictions. With that in mind, here's a look back at my three bold oil market predictions from 2019.