Forecasting Quotes

Computer modelling for weather forecasting, and indeed for climate forecasting, has reached its limits.

There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.

And this is one way to do technology forecasting; get a sense of where technology is, and then anticipate the next upturn.

The only function of economic forecasting is to make astrology look respectable.

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.