Some Quotes on "Prediction"
"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 believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children." - Warren Buffett
"Forecasts may tell you a great deal about the forecaster, they tell you nothing about the future" - Warren Buffett
"We ignore outlooks and forecasts... we're lousy at it and we admit it... everyone else is lousy too, but most people won't admit it." - Marty Whitman
"Guesses - just so we're clear - are merely expressions of prejudice." - Michael Crichton
"Economists make predictions because they're asked, not because they know." - John K. Galbraith
