The loudest among us almost always attract the most attention. This old adage holds true in the investing world as well, with hundreds of writers jostling to be recognized as visionary experts and attract the most eyeballs to their work. But how many utterly incorrect prognostications have best-selling authors and other experts made in recent years?
To help our readers understand the risks of making investment decisions based on the loudest voices and boldest assertions, here are ten investing and market predictions that turned out embarrassingly wrong. While it’s fun to hold these examples up to the light, it’s more important to learn from the mistakes. Each blunder represents a teachable moment. So, for each example, we also present a learning takeaway.