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Forecasting the effects of geopolitical developments is difficult and is subject to large errors. Sound principles can serve as helpful guidelines for investment forecasts.

Chapter 5: My Rules of Forecasting

Read the Chapter (PDF)


Chapter 5 of Geo-Economics: The Interplay between Geopolitics, Economics, and Investments opens the second part of this book, in which I focus on geopolitical trends that might become important in the coming decade. To set the scene, Chapter 5 introduces my 10 rules of forecasting. Developed over years of practical application, these 10 rules have served me well in predicting both financial and political developments and can easily be adopted by every investor. They will also serve as the guiding principles in the discussion of the important geopolitical trends of our time.

About the Author

Joachim Klement
Joachim Klement CFP, CFA

Joachim Klement is a strategist at Liberum. He has more than 20 years of experience in the financial markets and has spent most of his career working with wealthy individuals and family offices, providing advice on investments and helping manage portfolios. Mr. Klement studied mathematics and physics at the Swiss Federal Institute of Technology in Zurich (ETH Zurich) and earned a master’s degree in mathematics. He later studied business administration at the University of Zurich and the University of Hagen and earned a master’s degree in economics and finance.