Best Forecasting Quotes

#1. I came up with a 'forecasting cell,' which is basically a mixed intention cell or chord that is a complete hybrid of a consonance and a dissonance, and what that does when you are improvising is lead you to where you are supposed to go.

Christian Scott

#2. There are two kinds of forecasters: those who don't know, and those who don't know they don't know.

John Kenneth Galbraith

#3. And this is one way to do technology forecasting; get a sense of where technology is, and then anticipate the next upturn.

Chris Anderson

#4. A teacher told my mother that I would never become successful, which illustrates the difficulty of long-run forecasting on inadequate data.

Clive Granger

#5. The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities.

Lawrence R. Klein

#6. 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

#7. I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news.

Tim Harford

#8. There is no way that we can predict the weather six months ahead beyond giving the seasonal average

Stephen Hawking

#9. Economic forecasting has actually got pretty good over the years, though admittedly, we don't always get it right.

Eric Maskin

#10. Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits.

Piers Corbyn

#11. Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy.

Nate Silver

#12. I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.

Peter Lynch

#13. I believe in analysis and not forecasting.

Nicolas Darvas

#14. Future forecasting is all about testing strategies - it's like a wind tunnel.

Jamais Cascio

#15. Nate Silver is now forecasting Oscar winners. The only area of life in which he has no expertise, ironically, is life itself.

Norman Chad

#16. When we advance more confident claims and they fail to come to fruition, this constitutes much more powerful evidence against our hypothesis. We can't really blame anyone for losing faith when this occurs

Nate Silver

#17. Using a forecasting company is like going to a fortune-teller. If you believe the company and the color does not sell, who do you blame? The forecasters? No, you blame yourself.

Tadashi Shoji

#18. Never forget this simple truism: Forecasting is marketing, plain and simple.

Barry Ritholtz

#19. I have seen the future and it's like the present, only longer.

Dan Quisenberry

#20. Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.

Nassim Nicholas Taleb

#21. We spent a lot of time trend forecasting and collaborating on ways to design a fresh line of fashion-forward, affordable luxury.

Kourtney Kardashian

#22. I think the association of economics with forecasting is unfortunate and is down to the fact that one great way to get an investment bank's name on business television is to hire a guy called a Chief Economist who will go and prognosticate.

Tim Harford

#23. What a well-designed forecasting system can do is sort out which statistics are relatively more susceptible to luck; batting average, for instance, is more erratic than home runs.

Nate Silver

#24. Forecasting is simply not a strength of the species; we are much better with tools and narrative storytelling.

Barry Ritholtz

#25. The goal of forecasting is not to predict the future but to tell you what you need to know to take meaningful action in the present

Paul Saffo

#26. Forecasting is very difficult, especially when it involves the future.

Yogi Berra

#27. The Federal Reserve is not currently forecasting a recession.

Ben Bernanke

#28. Weatherman says," Kev scoffed. "I wouldn't trust that silly bugger to know it's raining now.

Ransom Riggs

#29. Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions.

Barry Ritholtz

#30. Later I learned to improve my forecasting - if necessary by asking the visitor in advance what subjects he intended to raise with Nixon. In

Henry Kissinger