6 Tips about Forecasting

All you need is to look over the earnings forecasts publicly made a year ago to see how much care you need to give to those being made now for next...
The economy depends about as much on economists as the weather does on weather forecasters.
When the forecast comes in close to the actual, one or the other is suspect. (Edgar Fiedler is an economist)
The first sign we don't know what we are doing is an obsession with numbers.
The stock market has forecast nine of the last five recessions.
There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't...