14 Forecasting Quotes for You to Enjoy

We talk about the Internet. That comes from science. Weather forecasting. That comes from science. The main idea in all of biology is evolution. To not teach it to our young people is wrong. Bill Nye

Science People Internet Weather Young Biology Our Evolution About Main Wrong Idea Talk Forecasting Young People Teach

Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying. Alan Greenspan

Future Matter Will Our Futures No Choice Never Fail Never Stop Soon Because Forecasting Built How Trying Manage Often Stop Choice

I do believe it is important to be future-ready with a portfolio to be able to deal with however the market evolves. This is better than just forecasting accurately but in having the weapons ready to deal with the uncertainties. Anand Mahindra

Better Important Believe Market Weapons Able Having Uncertainties Deal Forecasting Ready However Than Accurately Just Portfolio

Now it will take a long time to scale biofuels, but I'm the only one in the world forecasting oil dropping in price to $35 a barrel by 2030. I'll put it on the record: Oil will not be able to compete with cellulosic biofuels. If you do it from food, the food will get so expensive you can't make fuel out of it. Vinod Khosla

Time Food You World Will Long Long Time Scale Out Able Record Only Price Take Put Dropping Make Forecasting Get Expensive Oil Fuel Barrel Now Compete

True enough, the Fed needs radical reforms. In particular, it needs to replace its failed forecasting models and be rid of the academics who overwhelm the Fed system. Lawrence Kudlow

Needs Radical Enough System Fed True Failed Particular True Enough Academics Forecasting Replace Overwhelm Models Reforms Rid Who

The reason why China forecasting has such a poor track record is that Westerners constantly invoke the model and experience of the West to explain China, and it is a false prophet. Until we start trying to understand China on its own terms, rather than as a Western-style nation in the making, we will continue to get it wrong. Martin Jacques

Experience Will Nation Own Constantly Record Rather Prophet Wrong Invoke Until Terms Track Track Record Forecasting Understand Making Continue West False Than Model Get Trying China Explain Poor Reason Why Start

We're not very good at forecasting, and we don't know how to measure the impact of economic policy. Edgar Fiedler

Good Impact Economic Economic Policy Know Policy Forecasting How Very Measure

Future forecasting is all about testing strategies - it's like a wind tunnel. Jamais Cascio

Future Wind About Like Forecasting Testing Tunnel Strategies

Forecasting Armageddon has become trendy of late, with a great deal of attention being given to an interpretation of the Mayan Calendar suggesting that Mother Earth is destined for doom in December of 2012. Seth Shostak

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

Strength Better Tools Simply Forecasting Narrative Storytelling Much Species

Whenever you try to pick market tops and bottoms, you are making a prediction. Guessing what stock is going to outperform the market is forecasting, as is selling a stock for no apparent reason. Indeed, nearly all capital decisions made by most people are unconscious predictions. Barry Ritholtz

You People Try Made Market Guessing Indeed Tops Pick Unconscious Most Forecasting Making Selling Stock Going Whenever Prediction Predictions Decisions Capital Reason Apparent Nearly

I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news. Tim Harford

News Group City Never Headline Economist Forecast Forecasting Makes Understand Still Question Whether International Fund Why Ever Monetary Treasury

The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities. Lawrence R. Klein

Research Other Enterprise General Facilities Put Budgets Forecasting Were Sale Model Teaching Many Growing Now Funds Associates University