FastSaying

We really can't forecast all that well, and yet we pretend that we can, but we really can't.

Alan Greenspan

Alan Greenspan

ForecastPretendReallyWell

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People don't realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that's as far as we go. And I've 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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