In this session, Craig Bodenstab, CFA, partner and director at Orbis Investments, discusses how, in spite of the immense amount of time our industry spends trying to predict the future and our dubious forecasting track record, investors continue to use macroeconomic forecasts to try and predict asset prices. However, history shows that even when we get it right, accurate forecasts do not always lead to better investment decisions. He talks about how investors are likely better served by spending more time focusing on what they can control—the relationship between valuations and company fundamentals.