So for those of you who learned everything you know about Groundhog Day from Bill Murray in the 1993 film, one of my favorites btw, you know this means 6 more weeks of winter weather. The National Weather Service begs to differ and claims Phil’s prognostications from Gobbler’s Knob are accurate only about 48% of the time. There are other groundhogs such as Charles G. Hogg, better known as Staten Island Chuck, that are said to have an 80% accuracy rate.
I have a fail-proof method and claim close to a perfect record by paying attention to the National Weather Service. I listen to their forecast and then plan for the exact opposite. Not perfect but close. I then applied this method to my investments in the stock market. I listen to Warren Buffet and then do the opposite. I have not had the same success rate.
It makes no sense. Where did I go wrong?