"East Asia Economy ONLINE column currently published" If you predict the future you’ll lose; if you “××” ○○ you’ll win.
Good morning, this is Matsushita.
Most investors are focused on predicting future prices.
They are so captivated by forecasting what will happen next.
“Will it go up tomorrow?”
“Which stocks (currencies) will rise?”
Since most investors’ attention goes there,
analysts and economists are mostly talking about that as well.
And as a result,
75% of investors are losing money.
(Results of the Makoto Investment School survey)
It’s about time to realize that
you won’t increase profits by doing that anymore,
don’t you think?
I have never made profits by predicting future prices.
What I have profited from is by checking past prices.
Indeed, investments are determined by future prices.
However, the key to accuracy lies in
not predicting the future but reviewing the past.
Those who know this
continue to review past price movements today as well,
and keep earning profits.
Please realize that your mindset, perspective, and actions are completely different.