Edgar Fiedler Quotes

• Ask five economists and you'll get five different answers - six if one went to Harvard.

  Edgar Fiedler

  Business, Insperational, Hands

  48 Copy quote

• If you have to forecast, forecast often.

  Edgar Fiedler

  Business, Forecasts, Ifs

  16 Copy quote

• When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.

  Edgar Fiedler

  Asking, Answers, Topics

  7 Copy quote

• Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.

  Edgar Fiedler

  Funny, Humor, Growth

  7 Copy quote

• For economist the real world is often a special case.

  Edgar Fiedler

  Real, Special, World

  10 Copy quote

• Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.

  Edgar Fiedler

  Knowledge, Ends, Knows

  8 Copy quote

• The herd instinct among forecasters makes sheep look like independent thinkers.

  Edgar Fiedler

  Business, Mistake, Independent

  Across the Board The Three Rs of Economic Forecasting-Irrational, Irrelevant and Irreverent June 1977

  9 Copy quote

• facebook
• twitter
• googleplus
• email
• linkedin