Quotes About Forecasting

For me, it's important to anticipate where fashion is heading.

Workers and jobs are naturally heterogeneous, and the quality of their interaction when paired is difficult to forecast.

We've been astonished by how good groups working together can predict the outcomes of events.

the 1st of January on a leap year falls on a Sunday, the months of January, April and July will each have a Friday the 13th. In the 20th century, this happened in 1928, 1956 and 1984. In the 21st century, this will happen four times in 2012, 2040, 2068, 2096.

If you don't like the weather in New England now, just wait a few minutes.

Prophecy is a good line of business, but it is full of risks.

But the cruelest habit the modern prophecy-savans have, is that one of coolly and arbitrarily fitting the prophetic shirt on to the wrong man. They do it without regard to rhyme or reason.

There is no way that we can predict the weather six months ahead beyond giving the seasonal average

Planning and forecasting are only accurate when based on a long, stable operating history and a relatively static environment. Startups have neither.

We must take into account not only the current inflation rate but also the prospects for inflation a few quarters ahead, when the effects of policy decisions will actually be felt

setting aside the most volatile prices leads to better predictions of overall inflation.

Economists are criticized for not being able to predict the future,

the course of the economy is extremely hard to forecast.

Greenspan was known for his economic forecasting skills, having run a successful consulting firm,

bottom-up style of forecasting. He

Some people are weatherwise, but most are otherwise.

I think, going forward, we need to be much more modest on expectations with regard to China growth: That's just being realistic.

Q1 is the easiest quarter to make. If you miss your Q1, regardless of the type of revenue you have, you aren't going to make your revenue plan for the year because your budget process isn't accurate.

Forecasting is a maddening occupation. It is always fascinating and exciting and rewarding. yet it is also regularly exasperating and infuriating, occasionally even deranging.

Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.

Meteorologists don't use a script, and most create their own graphics and certainly put together their own forecasts. Most of us went to school to become scientists - at least I did - and studied thermodynamics, physics, and tons of calculus to take this young science to the next level. Our accuracy is amazing and will only continue to improve.

Our long-range predictions - especially those which anticipate extreme-weather events - rely on an assumption that the future will be similar to the past. Lose that, and we lose the tools that have allowed us to prepare for such eventualities.

Forecasting is simply not a strength of the species; we are much better with tools and narrative storytelling.

I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.