Chipotle Stock May Look Better, but It's Still Fragile
The greatest weakness we have as investors is thinking we have a reasonable window into the future. Most investors putting their money into Chipotle (NYSE: CMG) stock right now are doing so because they believe they have that crystal ball.
Don't be fooled into believing this is possible. Image source: Getty Images
It's comforting to tell ourselves that the future is relatively predictable and safe. But in the investing world, such assumptions can lead to terrible investing results. Instead of trying to "forecast" what will happen next, or "model" what the next five years could look like, the only thing I spend my time measuring these days is a company's fragility.
Source: Fool.com