January 22nd
“You must always be able to predict what’s next and then have the flexibility to evolve.” Marc Benioff
Each half, as part of our outlook for the coming six months, we provide a series of “anti-forecasts” for what will NOT happen over this period. This is a light-hearted way to approach the vagaries of forecasting to look at things from the opposite perspective. But on a deeper level, it serves the purpose of helping to narrow our investment horizon by ruling out things that we think are unlikely to happen to allow us to better understand things that may happen.
Here are some of the things we do not think will happen between now and June 30th, 2019.