The Three Types of Lies

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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. 

Posted on May 22, 2014 .