Expecting a Market Downturn? Make Sure You’re Following the “Noah Rule”
December 22, 2019 at 08:00 AM EST
By Frank Holmes, CEO and Chief Investments Officer for U.S. Global Investors In his letter to Berkshire Hathaway shareholders for the fiscal year 2001, Warren Buffett made one of his now-famous pronouncements: “Predicting rain doesn’t count, building an ark does.” Buffett admitted to forecasting...