> Also his past successes since 1987. <
I will ignore Mr. Armstrong’s checkered past for now, and instead point out how all these guys cherry-pick their predictions. Make 10 predictions. 3 come true. Highlight those 3. Bury the rest.
I personally find value in this story from the founder of Vanguard, John Bogle. Very early in his career Bogle asked a friend where to go for investing tips. “Nobody knows nothing” was the reply.
I will ignore Mr. Armstrong’s checkered past for now,
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Much like you, I do to. That said, no one is even close to 100 percent. But over twenty years, he more times than not forecasted “ the big ones”. I was impressed with his “ war in Ukraine “ forecasted in 2014, and his DOW predictions…40,000 when it was in the 20,000 range.
Time will tell.
Yeah no one can predict the future. https://www.bogleheads.org/forum/