Part 1/8:
The Pervasive Illusion of Hindsight in Investing
Investing can often feel like a game of hindsight. We look back at historical data, analyzing back tests and trends in a bid to make sense of how to achieve financial success — or, at least, avoid the mistakes of the past. However, this retrospective analysis can easily become a somewhat fruitless endeavor, laden with the weight of missed opportunities and remorse.