America Quote by Charlie Munger

Projections are just bullshit. They're just guesses.

— Jason Fried

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned…

— Warren Buffett

Anyone who says businessmen deal in facts, not fiction, has never read old five-year projections.

— Malcolm Forbes

“Wherever there is human judgment there is the potential for bias. The way to become more objective is to recognize the influence that our…

— Nate Silver

Statistical projections which speak to the senses without fatiguing the mind, possess the advantage of fixing the attention on a great number of important…

— Alexander von Humboldt

“Precise forecasts masquerade as accurate ones, and some of us get fooled and double-down our bets.”

— Nate Silver

“Hundreds of studies confirm that human forecasts are flawed and biased. Human decision making is not so great either. Again to take just one…

— Richard H. Thaler

I think if you look back at my projections and my prognostications, they turn out to be very, very accurate.

— Donald Trump

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

“people often make correct predictions on the basis of erroneous beliefs and defective prediction strategies.”

— Lee Ross

“We produce thirty-year projections of social security deficits and oil prices without realizing that we cannot even predict these for next summer—our cumulative prediction…

— Nassim Nicholas Taleb

Expert estimates of probability are often off by factors of hundreds or thousands. [...] I used to be annoyed when the margin of error…

— Nate Silver