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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: 5thhorseman   😊 😞
Number: of 15061 
Subject: Re: OT: big companies
Date: 07/29/2023 10:43 PM
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From a growthy investor's point of view, the logical fallacy here is the requirement that predictions of future earnings be accurate with respect to individual stock choices.

Not a logical fallacy if you apply it to the aggregate of your many individual stock choices.

The few winners among the many losers still need to meet predictions of future earnings, and those predictions also need to make up for the many losers.

I'm sure Jim could phrase it better than I did, though.


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