Forecaster Quotes

An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. (Andrew Lang)
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future. View quote
Warren Buffett
Only one language comes into question from the start, and that is the physicalist. One can learn the physicalist language from earliest childhood. If someone makes predictions and wants to check them himself, he must count on changes in the system of his senses, he must use clocks and rulers, in short, the person supposedly in isolation already makes use of the ‘intersensual' and ‘intersubjective' language. The forecaster of yesterday and the controller of today are, so to speak, two persons. View quote
Otto Neurath
People don't realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that's as far as we go. And I've had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that. View quote
Alan Greenspan