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Forecasts Quotes

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Forecasts Quotes

“The future will be less predictable, forecast rises will shrink, company lifetimes will shrink, new entrants will proliferate and it’s going to just get more unpredictable. If you thought financial crises came and went, just count on them – another economic collapse, it’s almost going to be like not news any more. But for startups this is great, because it’s a perpetual driver of disruption.”

IfsCompanyEconomicNewsCrisisLifetimeFinancialDriversCollapsePerpetualUnpredictableShrinksPredictableDisruptionFinancial CrisisForecastsEconomic Collapse
Author:Steve Jurvetson
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“A different conception of society, very different from that which now prevails, is in process of formation. Under the name of Anarchy, a new interpretation of the past and present life of society arises, giving at the same time a forecast as regards its future, both conceived in the same spirit as the above-mentioned interpretation in natural sciences. Anarchy, therefore, appears as a constituent part of the new philosophy, and that is why Anarchists come in contact, on so many points, with the greatest thinkers and poets of the present day.”

GivingDifferentPhilosophyPastSpiritNamesProcessNaturalPoetRegardAriseContactInterpretationConceptionThinkerAnarchyAnarchismAnarchistFormationPresent DayConstituentsPast And PresentNatural ScienceForecastsPresent Life
Author:Peter Kropotkin
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“Happy will be the men who, having the power and the love and the benevolent forecast to [create a park], will do it. They will not be forgotten. The trees and their lovers will sing their praises, and generations yet unborn will rise up and call them blessed.”

MenGenerationsTreeHe ManLoversPraiseBlessedForgottenParksUnbornBenevolentForecasts
Book:Northwest Passages - From the Pen of John Muir: In California, Oregon, Washington, and Alaska
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“How thrilling to discover one had depths, how consoling to find them less polluted than the shallows, how encouraging to identify the enemy not as a fissure in the will but as a dead fetus in the specimen jar of the unconscious. My attention was being paternally led away from the excruciating present to the happy, healthy future that would be enabled by an analysis of the sick past, as though the priest had nothing to do but study old books and make bright forecasts, the present not worthy of notice.”

BookWould BePastAttentionEnemyStudyHealthySickDepthWorthyAnalysisUnconsciousPriestsThrillingJarsForecastsNot WorthyFetusConsolingOld Books
Author:Edmund White
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“Make then your forecasts, my lords Astrologers, with your slavish physicians, by means of those astrolabes with which you seek to discern the fantastic nine moving spheres; in these you finally imprison your own minds, so that you appear to me but as parrots in a cage, while I watch you dancing up and down, turning and hopping within those circles.”

MindMeanMovingLordWatchesAtheismDancingPositive AtheismCirclesNineFantasticSpheresPhysiciansCagesUp And DownForecastsParrotsHopping
Author:Giordano Bruno
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“We are not, of course, optimistic about our chances of success. Some form of ecocatastrophe, if not thermonuclear war, seems almost certain to overtake us before the end of the century. (The inability to forecast exactly which one - whether plague, famine, the poisoning of the oceans, drastic climatic change, or some disaster entirely unforeseen - is hardly grounds for complacency.)”

IfsWarEndsSeemsFormCertainCoursesChanceCenturyOceanDisasterOptimisticInabilityPlagueComplacencyFamineNuclear WarPoisoningForecastsDrasticUnforeseen
Author:John Holdren
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“People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.”

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Author:Alan Greenspan
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“I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.”

IfsShouldLooksUseCareOpportunityCompanyRecordsMissingIllusionConcernedInvestingTrackProjectionPrecisionVery DeepForecastsTrack RecordBright FutureMeticulous
Author:Warren Buffett
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“Financial security is a constant in my life. I allow my income to constantly expand, no matter what the newspapers and economists say. I move beyond my present income, and I go beyond the economic forecasts. I do not listen to people out there telling me how far I can go or what I can do.”

PeopleI CanMatterMovingCan DoEconomicSecurityNo Matter WhatConstantFinancialNewspapersIncomeAbundanceEconomistWise WomenSuccessful WomenForecastsFinancial Security
Author:Louise Hay
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“The frantic search of five-year-olds for friends can thus be seen to forecast the beginnings of a basic shift in the parent-childrelationship, a shift which will occur gradually over many long years, and in which a child needs not only the support of child allies engaged in the same struggle but also the understanding of his parents.”

NeedsYearsChildrenLongParentUnderstandingSupportStruggleFiveFriendsEngagedFive YearsAlliesFive Year OldsFranticForecastsParent Child
Author:Dorothy H Cohen
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“The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.”

WayFirstsGrowthGroupsProjectsMajorsHighestFlowExcitingRateAverageExpectedAccessBillionsExcessCashPartnershipPeersCommodityDistributionExposureCoverageFeesForecastsCash FlowAbove AverageMajor ChangePeer GroupCommodity Prices
Author:Alan Armstrong
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“Satellite photography in the 1970's gave rise to the long-range weather forecast, a month at a time. This in turn gave rise to the observation that the long-range weather forecast was wrong most of the time. In turn, this gave rise to the dropping of the long-range weather forecast and to the admission that really accurate forecasting could only cover the next day or two, and not always then.”

LongTwoTurnsNextMonthsPhotographyWeatherObservationRangeAccurateNext DayDroppingAdmissionSatellitesForecastsForecasting
Author:Miles Kington
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“Expert estimates of probability are often off by factors of hundreds or thousands. [...] I used to be annoyed when the margin of error was high in a forecasting model that I might put together. Now I view it as perhaps the single most important piece of information that a forecaster provides. When we publish a forecast on FiveThirtyEight, I go to great lengths to document the uncertainty attached to it, even if the uncertainty is sufficiently large that the forecast won't make for punchy headlines.”

IfsImportantMightTogetherUsedViewsPiecesInformationModelsErrorsFactorsUsed To BeUncertaintyExpertsLengthDocumentsProbabilityPublishMarginsAnnoyedHeadlinesForecastsForecasting
Author:Nate Silver
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“At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.”

MadeWholeMomentsDifficultCompanySituationWorryDevelopmentNewsEuropeChinaDebtOilReformCollectionsLots Of MoneyCrashLinkedCirculationForecastsOil Price
Author:Wolfgang Schauble
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“I've been doing lot of work, and hopefully will bring it to fruition in a way people can see it, really understanding - this is going to sound funny, but what does government really do, how is it really funded, and what measures exist to evaluate how it does at what it does? No forecast, no policy, no prediction, just a realistic perspective on what is. Call it like a "10k for government" we've been working on with a website, with additional data.”

PeopleWayDoeGovernmentUnderstandingSoundPolicyPerspectiveHopefullyDataRealisticPredictionsWebsiteEvaluateForecastsFruition
Author:Steve Ballmer
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