Quotes About Forecast

This was England. There was always rain in the future.

Tetlock's words, even when their predictions prove.

A low current stock price forecasts a low future price. If today's price is low, there is a good reason to buy more (it's cheap) and also a good reason to buy less (it's likely to stay cheap). The two reasons cancel out and make "buying more when the price is low" no more attractive than "buying more when the price is high.

The first scientifically grounded forecast appeared in the Times (London) on August 1, 1861, predicting a temperature in London of 62°F, clear skies, and a southwesterly wind. The forecast proved to be accurate—the temperature peaked at 61°F that day—and before long, weather forecasts became a staple of most newspapers, even if they were rarely as accurate as FitzRoy's initial prediction.

the dark sky mustn't herald a storm

I think it's a little early to tell what the economic impact will be. This year our cattle prices have been particularly high. The demand for beef has remained strong in this country, even though there was the single find in Canada earlier this year.

As psychologists have shown in countless experiments, final estimates made this way are biased toward the anchor, so a low anchor produces a lower estimate than a high anchor does. That means the quality of the anchor is critical. Use a good anchor, and you greatly improve your chance of making a good forecast; use a bad anchor, get a bad forecast. Unfortunately, it is easy to settle on a bad anchor.

See your project as one in a class of similar projects already done, as "one of those." Use data from that class—about cost, time, benefits, or whatever else you want to forecast—as your anchor. Then adjust up or down, if necessary, to reflect how your specific project differs from the mean in the class. That's it.

The groundhog is like most other prophets; it delivers its prediction and then disappears.

Sales teams use social media to generate leads and track clients as they move through the sales funnel. Operations and distribution teams forecast supply chains, while research and development squads brainstorm product ideas.

You can trust a crystal ball about as far as you can throw it.

The trick is to discern a market – before there is any proof that one exists.

Nostradamus wasn't often right, but he sure was often.

While a trend shown in the past is a fact, a "future trend" is only an assumption.

Instead of listening to Hoffman and his lapdog analysts, traders should have heeded the honest warning in Commerce One's annual report for 1999: "We have never been profitable. We expect to incur net losses for the foreseeable future and we may never be profitable.

The trend is, in fact, a statement of future prospects in the form of an exact prediction.

There's no chance that the iPhone is going to get any significant market share.

Open for sun, closed for rain, that's the poor man's weathervane.

Nord annonciateur de beau temps Est le réveil Sud le repas Ouest le repos

Our initial assessment is that they will all die.

You don't need a weatherman to know which way the wind blows.

Give me the character and I will forecast the event.

The study of mental phenomena calls for the exercise of that faculty of the mind by which we consider a proposition from all sides and form an opinion in harmony with all the facts. It uses not only one's own experiences but the experiences of others as well as the current working facts in the case and is able to forecast the outcome of an adventure or the solution of a problem.

Climate is what we expect. Weather is what we get." Robert A. Heinlein