Friday, September 12, 2008

Some quotations on forecasting the future

As a postscript to my thoughts on the ability of university finance directors to foretell inflation, I thought it might be worth including some quotes on forecasting.

I always avoid prophesying beforehand because it is much better to prophesy after the event has already taken place.
Winston Churchill

Never make forecasts, especially about the future.
Sam Goldwyn

A pessimist is an optimist with more information.

To expect the unexpected shows a thoroughly modern intellect.
Oscar Wilde

No comments: