Addiction Quote by Eric Hoffer

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

— John Kenneth Galbraith

People have always had this craving to have someone tell them the future. Long ago, kings would hire people to read sheep guts. There's…

— Charlie Munger

“There are some people who, if they don't already know, you can't tell them. As the great philosopher of uncertainty Yogi berra once said,…

— Nassim Nicholas Taleb

“Insights from data can be invaluable as feedback for decision-making, but should never be confused with being a proxy for the future, a predictor…

— Roger Spitz

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

— Barry Ritholtz

The quest for certainty in forecasting outcomes can be the enemy of progress.

— 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

“The difficulties of statistical thinking contribute to the main theme of Part 3, which describes a puzzling limitation of our mind: our excessive confidence…

— Daniel Kahneman

“Choices whose outcomes matter even though they are neither deterministic nor completely random surround us all the time. So it is not surprising that…

— David Christian

“Our knowledge does not help us to forecast the future, but it makes us more certain that our guesses are the right ones. In…

— Chris Carter

Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.

— Edgar Fiedler

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