Buffets Quote by Warren Buffett

We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to…

— Warren Buffett

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

— Benjamin Graham

The chief function of stock-market forecasters is to make astrologers look respectable.

— Jane Bryant Quinn

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to…

— Benjamin Graham

You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future…

— Daniel Kahneman

Speculators are obsessed with predicting: guessing the direction of stock prices. Every morning on cable television, every afternoon on the stock market report, every…

— Seth Klarman

I think the association of economics with forecasting is unfortunate and is down to the fact that one great way to get an investment…

— Tim Harford

Fortune tellers live in the future. So do people who want to put things off. So do fundamentalists.

— Ed Seykota

Speculative markets have always been vulnerable to illusion. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in…

— Robert J. Shiller

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

— David Dreman

I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the…

— George W. Bush

We have a swarm of people in the stock market - not out of knowledge, not out of expectation, but out of basically a…

— John Kenneth Galbraith