Technology
‘Humans are bad at predicting stuff’: How MLC’s Armitage navigates market uncertainty – Sydney Morning Herald
MLC’s Jonathan Armytage didn’t predict the coronavirus, but he had a detailed plan in place long before it hit Australian shores.
Armitage, who helps oversee more than $150 billion worth of investments at MLC, says the point of the exercise is that no-one ever really knows what is on the horizon.
Human beings are really bad at predicting stuff, Armitage says.
No one predicted Brexit, no one predicted, really predicted that Donald Trump would win the election. Nobody predicted that Leicester City would win the English Premier League in 2016.
So how do we sort of construct a process that acknowledges that, but also focuses on…
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