Independent Investment Management
When nine experts were polled in January 2017, they predicted that inflation would increase substantially, bond yields would reboot, stocks would stumble, and active management would dominate. By the end of 2017, it was clear that they were wrong on all counts.
Read DFA’s January 2018 article “Nine Experts, Four Surprises, and One Million Dollar Bet” for details on how the expert predictions failed in 2017 and why last year turned out to be such a paradoxical one for investors.
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