A Butterfly Beat Its Wings and…You Should Sign Up For This!

This was Cove Street Capital’s 2015 holiday book gift:

From: Thomas N. Mahoney, CFA, CAIA, UBS Private Wealth Management
To: Jeffrey Bronchick, CFA, Cove Street Capital
Subject: CFALA Superforecasting challenge

Dear Jeff:

Thanks for sending me the book “Superforecasting” in December, 2015. This is the result:


I persuaded the CFA Institute to finance this for 2017. Globally, there are over 700 forecasters on the Challenge.

Pat yourself on the back for picking a great book to send. I hope you will forecast a question or two. Many CIOs use pseudonyms and vague usernames in case their forecasts are off.

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