Some Thoughts On Forecasting From Various Authors

“Prediction is very difficult, especially if it’s about the future.”

Nils Bohr

“An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”

Evan Esar

“A good forecaster is not smarter than everyone else, he merely has his ignorance better organised. ”


“Forecasting is the art of saying what will happen, and then explaining why it didn’t! ”


“An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts – for support rather than for illumination. ”

After Andrew Lang


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