There is no formula that will guarantee success in forecasting, no magic words that will part the clouds. The real problem, as the old saw puts it, is that the future lies ahead. — Edgar Fiedler Copy Share Image
The herd instinct among forecasters makes sheep look like independent thinkers.. — Edgar Fiedler Copy Share Image
Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything. — Edgar Fiedler Copy Share Image
When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know… — Edgar Fiedler Copy Share Image
Ask five economists and you'll get five different answers - six if one went to Harvard.. — Edgar Fiedler Copy Share Image
There is no formula that will guarantee success in forecasting, no magic words that will part the clouds. The real problem, as the old… — Edgar Fiedler Copy Share Image
In a sense, there are as many forecasting methods as there are forecasters. But I would argue that most projections are derived from two… — Edgar Fiedler Copy Share Image
We're not very good at forecasting, and we don't know how to measure the impact of economic policy. — Edgar Fiedler Copy Share Image
Experience shows that a recession is never the result of just a few large industries dragging the economy down while the others continue to… — Edgar Fiedler Copy Share Image
No one can escape the iron rule that once you make a forecast, you know you're going to be wrong; you just don't know… — Edgar Fiedler Copy Share Image
