Forecasting Quotes

"The future is inherently unforecastable, the nature of investing is that the decisions you have to make now concern a future that is inherently unknown"

"You will get the best prediction of the future from the realization that the predictive power of the past has never been good at making future predictions"

"The fooled-by-randomness effect applies to both the forecasters and those misled by their forecasts"

"Prediction is very difficult, especially if it's about the future"