The Experts
The Experts
While if you have watched any of the Media coverage on the Housing Market by the so called “Experts” or even the Stock Market, or Analysts of certain stocks, have you ever wondered why if they were such experts, how come the changes in markets always seem to take them by surprise?
Why do you think that possibly, when a company misses the numbers as it were and the numbers themselves being a product of the Experts it is the company at fault and not the idiot that got the numbers wrong in the first place? Doesn’t that make the expert not such an expert?
What surprises me is that these Experts are given the airtime repeatedly. Be it in the housing market, the stock market, etc.
I have found that the average man or woman on the street if they have just a bit of horse sense are far better at predicting market trends than a whole room of experts.
The tanking of the Real Estate market in Florida could be seen two years before it happened by anyone that bothered to look. The same goes with Oil prices and most commodities as well.
In the US when you have over 85% of the Oil, Gas, and Coal reserves placed off limits by state and federal government edicts do you, think that is going to effect prices? When you have a growing world population that all wants to improve their way of life and rightly so, do you think that demand might continue to grow?
When you have radical environmentalists fomenting hysteria in anyway they can with their goal of sending us all back into the stone age and we have governments and other special interest groups giving the ludicrous accusations credence as facts and passing legislation to drive up energy costs, do you really see a huge drop in energy costs in the near future?
This with all of these artificial pricing forces and that of the Monopoly called OPEC seeing no need to drop their profits, is there really a scenario in which prices are going to ever really significantly drop anytime soon?
If there is, I do not see it. So, my suggestion is not to listen to the pundits and the “Experts” and to start doing just a little bit of research on your own and use some common sense and you will beat the experts every time no matter what market you are in.
