Forecasting Quote by Barry Ritholtz Download Open image “Never forget this simple truism: Forecasting is marketing, plain and simple.” — Barry Ritholtz ★ ★ ★ ★ ★ 4.6 out of 5 (4 ratings) Copy quoteShare Forecasting Forget Marketing Never Never forget Plain Plain and simple Simple Truism
Forecasting is a maddening occupation. It is always fascinating and exciting and rewarding. yet it is also regularly exasperating and infuriating, occasionally even deranging. — Edgar Fiedler Copy Share Image
It is absurd to think that the general public can ever make money out of market forecasts. — Benjamin Graham 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
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know. — John Kenneth Galbraith Copy Share Image
Any thinking person is qualified to be a forecaster, and in fact, everybody does it every day. — Paul Saffo Copy Share Image
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already. — Sylvia Porter Copy Share Image
Forecasting is simply not a strength of the species; we are much better with tools and narrative storytelling. — Barry Ritholtz Copy Share Image
Prediction is a very difficult business, particularly about the future — Fred Singer Copy Share Image
We really can't forecast all that well, and yet we pretend that we can, but we really can't. — Alan Greenspan Copy Share Image
The key to making a good forecast is not in limiting yourself to quantitative information. — Nate Silver Copy Share Image
Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term… — Barry Ritholtz Copy Share Image
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going… — Barry Ritholtz Copy Share Image
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use… — Barry Ritholtz Copy Share Image
The electronics industry expanded rapidly and the seeds for the semiconductor and software revolution were planted. The postwar period also saw the suburbanization of… — Barry Ritholtz Copy Share Image
Footage of people camped out at Best Buy or elsewhere is not remotely a celebration. Rather, it's a reminder of just how economically distressed… — Barry Ritholtz Copy Share Image
Markets are frequently ahead of, and often out of sync with, the economy. — Barry Ritholtz Copy Share Image
Narrative drives most of economics. Everything seems to be part of a story, and how that story is told often leads to critical error. — Barry Ritholtz Copy Share Image
This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan. — Barry Ritholtz Copy Share Image
Yearly data put the rest of the noise into perspective. Most of the weekly or monthly random up-and-down movements get smoothed out. Ultimately, this… — Barry Ritholtz Copy Share Image
A number of bloggers in economics and the financial sector have risen to prominence through the sheer strength of their work. Note it was… — Barry Ritholtz Copy Share Image
TV producers want ratings and are willing to do nearly anything to get them. They gin up artificial conflicts and create an urgency for… — Barry Ritholtz Copy Share Image
It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going… — Barry Ritholtz Copy Share Image
“Our world is increasingly complex, often chaotic, and always fast-flowing. This makes forecasting something between tremendously difficult and actually impossible, with a strong shift… — Andrew McAfee Copy Share Image
The quest for certainty in forecasting outcomes can be the enemy of progress. — Nate Silver Copy Share Image
The goal of forecasting is not to predict the future but to tell you what you need to know to take meaningful action in… — Paul Saffo Copy Share Image
Constraint theory asks: What is the price for doing this? Now one way around constraint theory is declaring your enemy crazy. Crazy and stupid… — George Friedman Copy Share Image
Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But forecasting an uncertain future… — James Surowiecki Copy Share Image
Now if you can recognize and memorize a grandmaster's game, and you have the respect to understand [Zimbabwean president Robert] Mugabe who has survived… — George Friedman Copy Share Image
I think that intelligent forecasting (company revenues, earnings, etc.) should not seek to predict what will in fact happen in the future. Its purpose… — Peter Cundill Copy Share Image
I'm concerned with the world economy, I'm a specialist in forecasting in that area, and I have a lot of influence in that area,… — Lyndon LaRouche Copy Share Image
