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Buttonwood: Don’t invest through the rearview mirror
economist.com/finance-and-economics/2025/07/09/dont-invest-through-the-rearview-mirror
Don’t invest through the rearview mirror
Markets are supposed to look forward; plenty of investors look back instead
In a more predictable world, stocks would be easy to price. A share gives its owner claim to a series of cash flows, such as dividends and earnings. Investors would…
This story appeared on economist.com, 2025-07-09 18:43:20.