With the new year 2020 just getting started, the financial media tends to provide massive amounts of coverage regarding market predictions from so-called "market gurus". These forecasts attract a lot of attention from investors, after all, we humans have a natural tendency to try to forecast what the future will bring.
Unfortunately, the statistical evidence is quite clear and conclusive, those forecasts from market gurus have no predictive value in the aggregate. Especially when it comes to grandiloquent gurus making all kinds of extreme forecasts about the distant future, the best thing an investor can