A Wealth of Common Sense · 8 September 2026 · Additional Read

The End of a Golden Era For Investors

Ben Carlson

McKinsey's 2016 forecast of a "golden era" ending and lower investment returns has been spectacularly wrong; the past decade delivered higher real returns than the prior 30 years, illustrating how difficult market prediction remains even for prominent forecasters.

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Topics: Venture Capital & Startups

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