Most of us have roughly the same ability to predict the future. The trouble is, being right as often as the average forecaster won't produce superior results. — Howard Marks
An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. — Andrew Lang
All economic forecasts are subject to considerable uncertainty. — Jerome Powell
The trouble with weather forecasting is that it's right too often for us to ignore it and wrong too often for us to rely on it. — Patrick Young
They should make risky and narrow predictions. — Naval Ravikant
Potentially profitable, nonconsensus forecasts are very hard to believe in and act on for the simple reason that they are so far from conventional wisdom. — Howard Marks
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. — Laurence J. Peter
It is far better to foresee even without certainty than not to foresee at all. — Henri Poincare
Prediction is very difficult, especially if it's about the future. — Niels Bohr
A speculator is a man who observes the future, and acts before it occurs. — Bernard Baruch
It's tough to make predictions, especially about the future. — Yogi Berra
A politician needs the ability to foretell what is going to happen tomorrow, next week, next month, and next year. And to have the ability afterwards to explain why it didn't happen. — Winston Churchill
The successful businessman must be able to foresee possibilities, to estimate with sagacity the outcome in the future. — Frank William Taussig
Despite the forecast, live like it's Spring. — Lilly Pulitzer
I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work. — Peter Lynch
The quest for certainty in forecasting outcomes can be the enemy of progress. — Nate Silver
It is absurd to think that the general public can ever make money out of market forecasts. — Benjamin Graham
Forecasters Image Quotes
Forecasting Quotes
A good portfolio is more than a long list of good stocks and bonds. It is a balanced whole, providing the investor with protections and opportunities with respect to a wide range of contingencies. — Harry Markowitz
Extrapolation is usually right, but not valuable, and predictions of deviation from trends are potentially profitable but rarely right. So far, macro-economic forecasting doesn't represent the path to superior investments. — Howard Marks
If we want to forecast whether the originators of a novel idea will be successful, we need to look beyond the enthusiasm they express about their ideas and focus on the enthusiasm for execution that they reveal through their actions. — Adam Grant
Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation? — Thomas Sowell
There will be days when the fishing is better than one's most optimistic forecast, others when it is far worse. Either is a gain over just staying home. — Roderick Haig-Brown
Using statistical models to predict life expectancy isn't a definitive forecast. It's a statistical proxy based on risk factors and population data, providing insights but not individual certainties. — Gary Brecka
During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers. — Lawrence R. Klein
During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers. — Lawrence Klein
I believe that the economics which deal with forecasting business trends may be considered to be about as far along as was the science of chemistry during the days of alchemy in the Middle Ages. — Philip Arthur Fisher
I believe that only short-term price swings can be predicted with any precision. The accuracy of a prediction drops off dramatically, the more distant the forecast time. I'm a strong believer in chaos theory. — Linda Bradford Raschke
You don't need to know this - but here goes: due to some acquired infantilism, I feel compelled to fall asleep listening to the radio. On a good night, I'll push the frail barque of my psyche off into the waters of Lethe accompanied by the midnight newsreader - on a bad one, it's the shipping forecast. — Will Self
We say that the hour of death cannot be forecast, but when we say this we imagine that hour as placed in an obscure and distant future. It never occurs to us that it has any connection with the day already begun or that death could arrive this same afternoon, this afternoon which is so certain and which has every hour filled in advance. — Marcel Proust
People have always had this craving to have someone tell them the future. Long ago, kings would hire people to read sheep guts. There's always been a market for people who pretend to know the future. Listening to today's forecasters is just as crazy as when the king hired the guy to look at the sheep guts. — Charlie Munger
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested — Peter Lynch
The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular? — David Sarnoff
One cannot divine nor forecast the conditions that will make happiness; one only stumbles upon them by chance, in a lucky hour, at the world's end somewhere, and hold fast to the days. — Willa Cather
Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits. — Piers Corbyn
It is my opinion that the 21st century will be the century of play, and the heteroglossic activity of artists in the 20th century has been the forecast. — Brian Sutton-Smith
Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet. — Warren Buffett
The only way to predict if there's a cloud on your horizon due to glaucoma is to get tested. No matter what the diagnosis, the forecast is for clear vision in the years ahead. — Willard Scott
The federal government is starting to plan for climate change by making extended forecasts that can help people plan for extreme weather - because what can go wrong when you combine the efficiency of government with the accuracy of weathermen? — Jimmy Fallon
Champions know that success is inevitable, that there is no such thing as failure, only feedback. They know that the best way to forecast the future is to create it. — Michael J. Gelb
It is almost possible to predict one or two days in advance, within a rather broad range of probability, what the weather is going to be; it is even thought that it will not be impossible to publish daily forecasts, which would be very useful to soci. — Antoine Lavoisier
It is evident, therefore, that one of the most fundamental problems of psychology is that of investigating the laws of mental growth. When these laws are known, the door of the future will in a measure be opened; determination of the child's present status will enable us to forecast what manner of adult he will become. — Lewis Terman
There are poems about the internet and about the shipping forecast but very few by women celebrating men. — Germaine Greer
A commonplace of political rhetoric has it that the quality of a civilization may be measured by how it cares for its elderly. Just as surely, the future of a society may be forecast by how it cares for its young. — Daniel Patrick Moynihan
Meteorologists have the right perspective. They ground themselves in the current conditions (today’s highs/lows). They briefly acknowledge significant events of the past (record temps). And they keep an eye on the future (five-day forecast). Honor your past accomplishments, live in the present moment, and look to the future. — Clifton Anderson
Our present addiction to pollsters and forecasters is a symptom of our chronic uncertainty about the future... We watch our experts read the entrails of statistical tables and graphs the way the ancients watched their soothsayers read the entrails of a chicken. — Eric Hoffer
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence. — John Maynard Keynes
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