Episode #70: Can a Crystal Ball Really Make You Rich?

Can a Crystal Ball Really Make You Rich?

By JAMES PARKYN & FRANÇOIS DOYON LA ROCHELLE

In this Episode, James Parkyn & François Doyon La Rochelle will be covering a recent study by Victor Haghani and James White from Elm Partner Management in the U.S. The study's title is “When Having a Crystal Ball Isn’t Enough to Make You Rich.”

Having that crystal ball to predict markets is every investor’s dream. But is having that crystal ball enough to make us rich?

DISCOVER THE PEACE OF MIND OF KNOWING YOUR INVESTMENTS AND WEALTH ARE IN GOOD HANDS BY CONTACTING PWL CAPITAL'S PARKYN-DOYON LA ROCHELLE TEAM IN MONTREAL TODAY.


Read The Script:

1)   INTRODUCTION:

François Doyon La Rochelle:  

You’re listening to Capital Topics, episode #70! 

This is a monthly podcast about passive asset management and financial and tax planning ideas for the long-term investor.  

Your hosts for this podcast are James Parkyn and me François Doyon La Rochelle, both portfolio managers with PWL Capital. 

In our podcast today we will review a study from Elm Wealth Management entitled “When a Crystal Ball Isn’t Enough to Make You Rich”. 

Enjoy! 

2) CAN A CRYSTAL BALL REALLY MAKE YOU RICH?

François Doyon La Rochelle: 

We have often mentioned on our podcast that we don’t have a crystal ball and that without one or the benefit of hindsight, it’s tough to know with certainty where the markets are heading. Having that crystal ball to predict markets is every investor’s dream. But is having that crystal ball enough to make us rich?

We will cover that topic today based on a recent study by Victor Haghani and James White from Elm Partner Management in the U.S. The study's title is “When Having a Crystal Ball Isn’t Enough to Make You Rich.”…Read More


Links:

- When a Crystal Ball Isn't Enough to Make You Rich - Elm Partners by Victor Haghani, James White and Jerry Bell – Elm Wealth Management

- Crystal Ball Trading Challenge - Elm Partners by Elm Wealth Management