Asks Quote by George Friedman

Constraint theory defines for you what outcomes are possible and what outcomes are impossible. It also eliminates wishful thinking.

— George Friedman

Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by…

— Robert J. Shiller

In markets, there are times when you are looking for what makes sense. At other times, you are looking for what you can do…

— Lloyd Blankfein

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

It's easier to say people are crazy than to try to figure out why.

— Kameron Hurley

It is absurd to think that the general public can ever make money out of market forecasts.

— Benjamin Graham

Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.

— Tim Harford

Being crazy doesn't annoy others that understand it, it annoys only the ones unwilling to try and understand.

— Anonymous

Stupidity has a price and it always gets paid.

— Dan Simmons

People who are crazy rarely question whether they're crazy.

— Richelle Mead

“Economists are all too often preoccupied with petty mathematical problems of interest only to themselves. This obsession with mathematics is an easy way of…

— Thomas Piketty

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

— Yogi Berra