LOK 📖

    History Cannot Be Used To Predict The Future In Finances

    Nothing that happens today has happened before

    • Therefore, history cannot be used to predict the future.
    • World conditions change
      • The world of decades ago is very different from today's world
    • Financial formulas used in the past cannot be used in the future

    LOK: 4. Management
    RL: Psychology of money
    IDEAS:     Predicting Personal finance