Edgar Fiedler Quotes
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Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.
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If you have to forecast, forecast often.
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When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.
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The herd instinct among forecasters makes sheep look like independent thinkers.
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Ask five economists and you'll get five different answers - six if one went to Harvard.
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Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.
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For economist the real world is often a special case.
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