Can You Predict the Future? Yes! (When It Counts)

???Without vision, the people perish.??? — Proverbs 29:18

???A forecast is never so useful as when it warns men of a crisis.??? — 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???? I said ???yes;??? Alex said ???no.???

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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