Thursday, March 17, 2005

Sorely wrong

Where in my thinking (and/or assumptions) did I go wrong?

This was my thinking 4 years ago:

Regarding the Euro: The European economies are stagnating and the American economy is booming. This means buy Dollars, sell Euro. I was totally wrong!

Regarding Real Estate: People are going to flock to "safer" less dense areas. Real Estate prices in cities will stagnate or deflate.

Evidently I have been exactly wrong as precisely the opposite came to being.

What is the outlook for the near- to mid-term future? Something to think about!

1 comment:

Anonymous said...

Well, based on your previous results, I'd think really deeply, come up with your predictions, and then invest in exactly the opposite!