MPL General Counsel Corner – Predictions and Estimates are not Guarantees
Predictions and estimates are good for scenario analysis. However, predictions and estimates are not guarantees and very rarely come true. I wanted to share a few stories which I think show a move toward normal, versus some of the gloomier outlooks that have been shared on a national level over the last several months:
The moral of the story, and I have said this in a number of prior posts:
You choose whether you want to participate in a downturn.
Here are some other things that may be important or relevant for you:
- June 2020 Economic Review – check out the latest from Robert Teeter at Silvercrest Asset Management Group (thanks to Sean O’Dowd for sharing). The quote from Roberto Clemente was particularly impactful: “Why does everyone talk about the past? All that counts is tomorrow’s game.”
- Upcoming Webinars and Helpful Resources