Mark Twain popularized the following saying in "Chapters from My Autobiography", published in the North American Review in 1906:
“There are three kinds of lies: lies, damned lies, and statistics”
Pushing the satire aside for a moment, this famous quote is a constant reminder to investors that although statistics are powerful tools to help us recognize relationships, it’s far more important to isolate and analyze the drivers of a relationship in order to profit in the future.
Click HERE to read the full article from out friends at Global Financial Private Capital.
