Art Quote by Martin Feldstein
“And finally, no matter how good the science gets, there are problems that inevitably depend on judgment, on art, on a feel for financial markets.”
About This Quote
Source Speech: 2015 lecture by Martin Feldstein, 2015
Even advanced science cannot replace human judgment, art, and intuition in finance.
In simple terms: Science needs human judgment in markets.
Balance data with intuition.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy analysis
- risk assessment
Key Concepts
Questions to Reflect On
- When should intuition override data?
- How to train better market intuition?
Risk of subjective bias.