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Prediction | Joseph Calhoun III - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prediction | Joseph Calhoun III - the patient investor\" \/>\n<meta property=\"og:description\" content=\"“An investor’s task is not to predict the future but to properly analyze the present.” ~ Joseph Calhoun III\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2021\/01\/19\/prediction-joseph-calhoun-iii\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-19T22:42:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-20T07:12:54+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Prediction | Joseph Calhoun III\",\"datePublished\":\"2021-01-19T22:42:46+00:00\",\"dateModified\":\"2021-01-20T07:12:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/\"},\"wordCount\":22,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"Investment\",\"Predicting the Future\"],\"articleSection\":[\"Investment Strategy\",\"Quotes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/\",\"name\":\"Prediction | Joseph Calhoun III - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2021-01-19T22:42:46+00:00\",\"dateModified\":\"2021-01-20T07:12:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/01\\\/19\\\/prediction-joseph-calhoun-iii\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prediction | Joseph Calhoun III\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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I do think that your sense of urgency is a pretty good contrary indicator. If you feel like you absolutely, positively need to buy some asset today, you might\u2026","rel":"","context":"In "Trading"","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43264,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/","url_meta":{"origin":23762,"position":1},"title":"Investing is a loser\u2019s game","author":"Colin Twiggs","date":"July 31, 2023","format":"quote","excerpt":"I\u2019ve said this many times before but I think it bears repeating. Investing is a loser\u2019s game, one that is won by making the fewest mistakes. There will be times, sometimes fleeting, when the payoff from being bold is so large you have to make the bet. 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Rising Twiggs Money Flow indicates medium-term buying pressure. * Target medium-term: 5600 + ( 5600 - 5200 ) = 6000 The ASX 300 Banks Index has followed through after\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5693,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/07\/income-inequality-cause-of-our-predicament-or-a-convenient-scapegoat\/","url_meta":{"origin":23762,"position":4},"title":"Income inequality: Cause of our predicament or a convenient scapegoat?","author":"Colin Twiggs","date":"October 7, 2012","format":false,"excerpt":"A reader reminded me of this 2011 Vanity Fair article, where Joseph Stiglitz argues that growing income inequality will harm future US economic growth. \"What matters, [some people] argue, is not how the pie is divided but the size of the pie. 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First, growing inequality\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62193,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/29\/dow-fails-to-confirm-bull-market\/","url_meta":{"origin":23762,"position":5},"title":"Dow fails to confirm bull market","author":"Colin Twiggs","date":"July 29, 2025","format":false,"excerpt":"Key Points The Dow Jones Industrial Average failed to confirm the S&P 500 bull market signal President Trump's announcement of trade deals with Japan and the EU has boosted the US Dollar Index However, detailed agreements are still a long way from conclusion Gold is testing support at $3,300 But\u2026","rel":"","context":"In "Aussie dollar"","block_context":{"text":"Aussie dollar","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/aussie-dollar\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-28-spx2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-28-spx2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-28-spx2.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/23762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=23762"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/23762\/revisions"}],"predecessor-version":[{"id":23770,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/23762\/revisions\/23770"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=23762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=23762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=23762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}