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Investments & Wealth Review - July/August 2025

Confronting Unknown Unknowns

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Financial markets are built on expectations about the future, yet history repeatedly reminds us how unreliable those expectations can be. Grand forecasts often miss the mark, while transformative shifts—from technological breakthroughs to geopolitical events—arrive from directions few anticipate. This article examines why investors and institutions struggle with “unknown unknowns,” how human nature and predictive tools reinforce blind spots, and why markets so often react only in hindsight—after uncertainty has already reshaped the landscape.
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About Investments & Wealth Review

Investments & Wealth Review is a bimonthly magazine, written by award-winning authors from academic institutions and leading financial firms. Immerse yourself in current industry news and thought-provoking articles on the investment, legal, regulatory, business development, retirement, and wealth management topics that matter most to you and your clients.