The Follies of ForecastingChris Hunter

Investment DirectorBonner & Partners Family Office

1) Bad at assessing reality

2) Hugely overconfident

750 million times more complex…

1) Understand the importance of asset allocation

2) Be patient (stop checking you portfolio)

3) Focus on what you can control

– David Swensen, Yale Endowment CIO

“Don’t try anything fancy. Stick to a simple diversified portfolio, keep your costs down and

rebalance periodically to keep your asset allocations in line with your long-term goals.”

– Warren Buffett

“Charlie and I always knew we would become very wealthy. But we weren’t in a hurry. If you’re

even a slightly above average investor who spends less than you earn, over a lifetime you cannot help but get very wealthy – if you’re

patient.”

– Bill Bonner

“Think a lot. Do very little."

Thank You!