Predicting Future Trends Is Hard. More Money Than Ever Is Trying
- Assets in funds chasing trends of the future double in 3 years
- Lazard Asset Management adds another product as industry booms
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For investors chasing “the next big thing,” there’s an oft-repeated warning: Predicting the future can lose you millions, even when you get it right.
For every iPad there’s a Newton. For every Facebook there’s a MySpace.