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Maybe I should relax. There are experts that will tell me about the weather. The Washington Post: “A skillful forecast lead time of midlatitude instantaneous weather is around 10 days, which serves as the practical predictability limit,” according to a study published in April in the Journal of the Atmospheric Sciences. Oops.
that argument for what it implies. We all know that there is an inherent daily direct risk and from the “black-swans” and “hidden lions.” Therefore, how can I factor “risk” into my buying decisions if I cannot qualify or quantify “The Risk.” “The onset of El Niño. The resulting drop in rainfall would negatively affect the agricultural sector and could boost inflationary pressure later this year.”
What do I do now? Apparently, in order to make a sensible stock market investing decision, I need to also be a forecasting meteorologist as well as educated agronomist to measure this “maybe-it-will-happen” risk against stock price movement?
Where is the nearest place that sells Lotto tickets? That investment makes more sense. At least in a 6/49 drawing, I absolutely know the odds