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RE: Warren Buffett lost money... ?!
No one can predict the future. Yes, there have been forecasts that came true. But the only reason we notice them is because it's so exceptional for even one to come true. We forget about all the failed predictions because they're so commonplace.
No one can reliably tell you what stocks will do next year, whether we'll have more inflation, or how the economy will perform.
Probably you are right