‚??Without vision, the people perish.‚?Ě — Proverbs 29:18
‚??A¬†forecast¬†is never so useful as when it warns men of a¬†crisis.‚?Ě¬†—¬†Bertrand de Jouvenel¬†
Last week, at the 20th¬†anniversary of Investment U in Las Vegas, I debated¬†Alex Green, the investment director of the Oxford Club and a longtime friend, on the ever-important subject, ‚??Can You Predict the Future?‚?Ě¬†I said ‚??yes;‚?Ě Alex said ‚??no.‚?Ě
The debate was a lot of fun, both educational and entertaining. Clearly, the audience was in Alex‚??s camp, as only 10% supported my position that one could predict the future as the debate began.¬†I began by giving several examples of my own forecasts that turned out to be right, such as:
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