Quotes about forecast

A collection of quotes on the topic of forecast, time, timing, future.

Quotes about forecast

Vladimir Lenin photo
Henri Fayol photo
Winston S. Churchill photo

“I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma”

BBC broadcast (“The Russian Enigma”), London, October 1, 1939 ( partial text http://www.churchill-society-london.org.uk/RusnEnig.html, transcript of the "First Month of War" speech https://ww2memories.wordpress.com/2011/09/24/churchills-ww2-speech-to-the-nation-october-1939/).
The Second World War (1939–1945)
Context: I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma: but perhaps there is a key. That key is Russian national interest.

George Carlin photo
Lotfi A. Zadeh photo
Jan Tinbergen photo
Daniel Kahneman photo
George Carlin photo
Warren Buffett photo
John Kenneth Galbraith photo

“The only function of economic forecasting is to make astrology look respectable.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Though often attributed to Galbraith, as early as 1988 in U.S. News & World Report, the earliest publications of this statement, in The Bulletin (1984) and Reader's Digest (1985) attributes it to Ezra Solomon.
Misattributed

John Kenneth Galbraith photo
Philip E. Tetlock photo
Peter Greenaway photo
Paul A. Samuelson photo

“The stock market has forecast nine of the last five recessions.”

Paul A. Samuelson (1915–2009) American economist

Paul Samuelson (1966), quoted in: John C Bluedorn et al. Do Asset Price Drops Foreshadow Recessions? (2013), p. 4
1950s–1970s

Enoch Powell photo

“So long as the figures 'now superseded' and the academic projections based upon them held sway, it was possible for politicians to shrug their shoulders. With so much of immediate and indisputable importance on their hands, why should they attend to what was forecast for the end of the century, when most of them would be not only out of office but dead and gone? … It was not for them to heed the cries of anguish from those of their own people who already saw their towns being changed, their native places turned into foreign lands, and themselves displaced as if by a systematic colonisation. For these the much vaunted compassion of the parties and politicians was not available: the parties and the politicians preferred to be busy making speeches on race relations; and if any of their number dared to tell them the truth, even less than the whole truth, about what was happening and what would happen here in England, they denounced them as racialist and turned them out of doors. They could feel safe; for they said in their hearts: 'If trouble comes, it will not be in our time; let the next generation see to it!' … The explosive which will blow us asunder is there and the fuse is burning, but the fuse is shorter than had been supposed. The transformation which I referred to earlier as being without even a remote parallel in our history, the occupation of the hearts of this metropolis and of towns and cities across England by a coloured population amounting to millions, this before long will be past denying. It is possible that the people of this country will, with good or ill grace, accept what they did not ask for, did not want and were not told of. My own judgment— it is a judgment which the politician has a duty to form to the best of his ability— I have not feared to give: it is— to use words I used two years and a half ago— that 'the people of England will not endure it'.”

Enoch Powell (1912–1998) British politician

Speech to the Carshalton and Banstead Young Conservatives at Carshalton Hall (15 February 1971), from Still to Decide (Eliot Right Way Books, 1972), pp. 202-203.
1970s

Ray Kurzweil photo

“One of the advantages of being in the futurism business is that by the time your readers are able to find fault with your forecasts, it is too late for them to ask for their money back.”

Ray Kurzweil (1948) Author, scientist, inventor, and futurist

Ray Kurzweil: The Library Journal, The virtual book revisited http://www.kurzweilai.net/the-virtual-book-revisited

Daniel Kahneman photo
John Robert Seeley photo
Charles A. Beard photo

“The word science of administration has been used. There are many who object to the term. Now if by science is meant a conceptual scheme of things in which every particularity coveted may be assigned a mathematical value, then administration is not a science. In this sense only astro-physics may be called a science and it is well to remember that mechanical laws of the heavens tell us nothing about the color and composition of the stars and as yet cannot account for some of the disturbances and explosions which seem accidental. If, on the other hand, we may rightly use the term science in connection with a body of exact knowledge derived from experience and observation, and a body of rules or axioms which experience has demonstrated to be applicable in concrete practice, and to work out in practice approximately as forecast, then we may, if we please, appropriately and for convenience, speak of a science of administration. Once, when the great French mathematician, Poincaré, was asked whether Euclidean geometry is true, he replied that the question had no sense but that Euclidean geometry is and still remains the most convenient. The Oxford English Dictionary tells us that a science is, among other things, a particular branch of knowledge or study; a recognized department of learning.”

Charles A. Beard (1874–1948) American historian

Source: Philosophy, Science and Art of Public Administration (1939), p. 660-1

Zygmunt Vetulani photo
Saki photo
E. W. Hobson photo

“A great department of thought must have its own inner life, however transcendent may be the importance of its relations to the outside. No department of science, least of all one requiring so high a degree of mental concentration as Mathematics, can be developed entirely, or even mainly, with a view to applications outside its own range. The increased complexity and specialisation of all branches of knowledge makes it true in the present, however it may have been in former times, that important advances in such a department as Mathematics can be expected only from men who are interested in the subject for its own sake, and who, whilst keeping an open mind for suggestions from outside, allow their thought to range freely in those lines of advance which are indicated by the present state of their subject, untrammelled by any preoccupation as to applications to other departments of science. Even with a view to applications, if Mathematics is to be adequately equipped for the purpose of coping with the intricate problems which will be presented to it in the future by Physics, Chemistry and other branches of physical science, many of these problems probably of a character which we cannot at present forecast, it is essential that Mathematics should be allowed to develop freely on its own lines.”

E. W. Hobson (1856–1933) British mathematician

Source: Presidential Address British Association for the Advancement of Science, Section A (1910), p. 286; Cited in: Moritz (1914, 106): Modern mathematics.

“Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly. Governments will pile up more debt — and then one day, the house of cards will collapse.”

Otmar Issing (1936) German economist

Issing commenting the situation in Eurozone in 2016 http://www.marketwatch.com/story/architect-of-the-euro-now-says-it-is-a-house-of-cards-2016-10-19

Lixion Avila photo

“Psychologist Philip Tetlock (following the lead of Isaiah Berlin), divided the world of political forecasters into hedgehogs and foxes.”

Justin Fox (1964) American journalist

Justin Fox. " How to Be Bad at Forecasting https://hbr.org/2012/05/how-to-be-bad-at-forecasting.html," in Harvard Business Review, May 11, 2012.

Richard III of England photo

“The prophet is always at the mercy of events; nevertheless, I venture to conclude this book with the forecast that at least half the illnesses of mankind will disappear once our food supplies are raised from fertile soil and consumed in a fresh condition.”

An Agricultural Testament, Oxford University Press, 1943, Part V, Chapter 15. Full text online http://ps-survival.com/PS/Agriculture/An_Agricultural_Testament_1943.pdf.

Amory B. Lovins photo
Nassim Nicholas Taleb photo

“Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.”

Nassim Nicholas Taleb (1960) Lebanese-American essayist, scholar, statistician, former trader and risk analyst

Source: The Black Swan: The Impact of the Highly Improbable (2007), p. 162

Edward Hopper photo
Daniel Patrick Moynihan photo
Didier Sornette photo
Arthur F. Burns photo
Warren Buffett photo
Otto Neurath photo
Maddox photo

“What the hell is "partly cloudy" supposed to mean? When is it not partly cloudy? … Just tune into a weather forecast. Chances are you'll hear the phrase at least 3 or more times.”

Maddox (1978) American internet writer

Meteorologist my ass! http://maddox.xmission.com/weather.html
The Best Page in the Universe

Paul A. Samuelson photo
Daniel Patrick Moynihan photo
Lixion Avila photo

“If some of the dynamical models have their way…Juliette could meet her less-than-Shakespearean demise sooner than indicated in the official forecast.”

Lixion Avila (1950) American meteorologist

On Tropical Storm Juliette in 2007 http://www.nhc.noaa.gov/archive/2007/ep14/ep142007.discus.003.shtml?

Aron Ra photo
Bill Gates photo
Edmund White photo
Richard Rodríguez photo
Winston S. Churchill photo
William Ewart Gladstone photo

“[Boulding once said, in response to a forecast that someday every American would be earning $100,000 per year] So what? Someone will still have to take out the garbage.”

Kenneth E. Boulding (1910–1993) British-American economist

Attributed to Kenneth Boulding in: Donella Meadows (1989) " Thoughts While Cleaning The Living Room: Domestic work is undervalued - but it doesn't need to be http://www.context.org/iclib/ic21/meadows/" in Caring For Families Vol 21. (Spring 1989). p. 16
1980s

Roger A. Pielke photo

“The claim by the IPCC that an imposed climate forcing (such as added atmospheric concentrations of CO2) can work through the parameterizations involved in the atmospheric, land, ocean and continental ice sheet components of the climate model to create skillful global and regional forecasts decades from now is a remarkable statement. That the IPCC states that this is a ‘much more easily solved problem than forecasting weather patterns just weeks from now’ is clearly a ridiculous scientific claim.”

Roger A. Pielke (1946) American meteorologist

"A Short Summary of Why Skillful Climate Prediction Is Much More Difficult than Skillful Weather Prediction," Climate Science: Roger Pielke Sr. Research Group Weblog (2007-05-23) http://climatesci.org/2007/05/23/a-short-summary-of-why-skillful-climate-prediction-is-much-more-difficult-than-skillful-weather-prediction/

John Muir photo

“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.”

John Muir (1838–1914) Scottish-born American naturalist and author

"The Basin of the Columbia River" in Picturesque California (1888-1890); reprinted in Steep Trails (1918), chapter 22
1880s

Willa Cather photo
Stephen Corry photo
Lyndon LaRouche photo
William Blackstone photo

“The founders of the English laws have with excellent forecast contrived, that no man should be called to answer to the king for any capital crime, unless upon the preparatory accusation of twelve or more of his fellow subjects, the grand jury: and that the truth of every accusation, whether preferred in the shape of indictment, information, or appeal, should afterwards be confirmed by the unanimous suffrage of twelve of his equals and neighbours, indifferently chosen, and superior to all suspicion. So that the liberties of England cannot but subsist, so long as this palladium remains sacred and inviolate, not only from all open attacks, (which none will be so hardy as to make) but also from all secret machinations, which may sap and undermine it; by introducing new and arbitrary methods of trial, by justices of the peace, commissioners of the revenue, and courts of conscience. And however convenient these may appear at first, (as doubtless all arbitrary powers, well executed, are the most convenient) yet let it be again remembered, that delays, and little inconveniences in the forms of justice, are the price that all free nations must pay for their liberty in more substantial matters; that these inroads upon this sacred bulwark of the nation are fundamentally opposite to the spirit of our constitution; and that, though begun in trifles, the precedent may gradually increase and spread, to the utter disuse of juries in questions of the most momentous concern.”

Book IV, ch. 27 http://avalon.law.yale.edu/18th_century/blackstone_bk4ch27.asp: Of Trial, And Conviction.
Commentaries on the Laws of England (1765–1769)

Theodore Wilbur Anderson photo
George Friedman photo
George William Curtis photo
Paul A. Samuelson photo
Roger A. Pielke photo

“Climate forecasts (projections) decades into the future have not demonstrated skill in forecasting local, regional, and global climate variables.”

Roger A. Pielke (1946) American meteorologist

"Are Multi-decadal Climate Forecasts Skillful?", Climate Science: Roger Pielke Sr. Research Group Weblog (2005-07-22) http://climatesci.org/2005/07/22/are-multi-decadal-climate-forecasts-skillful/

Wyndham Lewis photo
Warren Buffett photo
Fred Polak photo

“At least 60% of the warming of the Earth observed since 1970 appears to be induced by natural cycles which are present in the solar system. A climatic stabilization or cooling until 2030-2040 is forecast by the phenomenological model.”

Climate Change and its Causes, a Discussion about some Key Issues http://scienceandpublicpolicy.org/images/stories/papers/originals/climate_change_cause.pdf

Roger A. Pielke photo
Warren Buffett photo

“I make no attempt to forecast the general market — my efforts are devoted to finding undervalued securities.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

2 November 1959
Letters to Shareholders (1957 - 2012)
Context: I make no attempt to forecast the general market — my efforts are devoted to finding undervalued securities. However, I do believe that widespread public belief in the Inevitability of profits from investments in stocks will lead to eventual trouble. Should this occur, prices, but not intrinsic values in my opinion, of even undervalued securities can be expected to be substantially affected.

Alan Lightman photo

“In the 1950s, academics forecast that as a result of new technology, by the year 2000 we could have a twenty-hour workweek.”

Alan Lightman (1948) Physicist, science writer, essayist, novelist

A Sense of the Mysterious : Science and the Human Spirit (2005), p. 200<!-- Pantheon Books isbn=0375423206 -->
Context: In the 1950s, academics forecast that as a result of new technology, by the year 2000 we could have a twenty-hour workweek. Such a development would be a beautiful example of technology at the service of the human being.... According to the Bureau of Statistics, the goods and services produced per hour of work in the United States has indeed more than doubled since 1950.... However, instead of reducing the workweek, the increased efficiencies and productivities have gone into increasing the salaries of workers.... Workers... rather have used their increased efficiencies and resulting increased disposable income to purchase more material goods.... Indeed, in a cruel irony, the workweek has actually lengthened.... More work is required to pay for more consumption, fueled by more production, in an endless, vicious circle.

“My novels offer an extreme hypothesis which future events may disprove — or confirm. They're in the nature of long-range weather forecasts.”

J. G. Ballard (1930–2009) British writer

As quoted in "Age of unreason" by Jeannette Baxter in The Guardian (22 June 2004) http://www.guardian.co.uk/books/2004/jun/22/sciencefictionfantasyandhorror.jgballard
Context: The notions about the benefits of transgression in my last three novels are not ones I want to see fulfilled. Rather, they are extreme possibilities that may be forced into reality by the suffocating pressures of the conformist world we inhabit. Boredom and a deadening sense of total pointlessness seem to drive a lot of meaningless crimes, from the Hungerford and Columbine shootings to the Dando murder, and there have been dozens of similar crimes in the US and elsewhere over the past 30 years.
These meaningless crimes are much more difficult to explain than the 9/11 attacks, and say far more about the troubled state of the western psyche. My novels offer an extreme hypothesis which future events may disprove — or confirm. They're in the nature of long-range weather forecasts.

Winston S. Churchill photo

“I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma: but perhaps there is a key. That key is Russian national interest.”

BBC broadcast (“The Russian Enigma”), London, October 1, 1939 ( partial text http://www.churchill-society-london.org.uk/RusnEnig.html, transcript of the "First Month of War" speech https://ww2memories.wordpress.com/2011/09/24/churchills-ww2-speech-to-the-nation-october-1939/).
The Second World War (1939–1945)

Benjamin Graham photo
Zail Singh photo

“Beyond our normal twenty-year outlook period, we recently attempted a forecast of the CO2 [carbon dioxide] build-up. We assumed different growth rates at different times, but with an average growth rate in fossil fuel use of about one percent per year starting today, our estimate is that the doubling of atmospheric CO2 levels might occur sometime late in the 21st century. That includes the impact of a synfuels industry. Assuming the greenhouse effect occurs, rising CO2 concentrations may begin to induce climactic changes around the middle of the 21st century.”

Edward E. David Jr. (1925–2017) American engineer

Keynote address at the Lamont–Doherty Earth Observatory on the Palisades, New York campus of Columbia University (October 26, 1982) ( Inventing the Future: Energy and the CO2 "Greenhouse Effect", October 26, 1982, December 22, 2018, Exxon, w:Edward E. David Jr., Edward E., David Jr. http://www.climatefiles.com/exxonmobil/inventing-future-energy-co2-greenhouse-effect/,)

Enoch Powell photo

“So long as the figures 'now superseded' and the academic projections based upon them held sway, it was possible for politicians to shrug their shoulders. With so much of immediate and indisputable importance on their hands, why should they attend to what was forecast for the end of the century, when most of them would be not only out of office but dead and gone? … It was not for them to heed the cries of anguish from those of their own people who already saw their towns being changed, their native places turned into foreign lands, and themselves displaced as if by a systematic colonisation. For these the much vaunted compassion of the parties and politicians was not available: the parties and the politicians preferred to be busy making speeches on race relations; and if any of their number dared to tell them the truth, even less than the whole truth, about what was happening and what would happen here in England, they denounced them as racialist and turned them out of doors. They could feel safe; for they said in their hearts: 'If trouble comes, it will not be in our time; let the next generation see to it!'”

Enoch Powell (1912–1998) British politician

… The explosive which will blow us asunder is there and the fuse is burning, but the fuse is shorter than had been supposed. The transformation which I referred to earlier as being without even a remote parallel in our history, the occupation of the hearts of this metropolis and of towns and cities across England by a coloured population amounting to millions, this before long will be past denying. It is possible that the people of this country will, with good or ill grace, accept what they did not ask for, did not want and were not told of. My own judgment—it is a judgment which the politician has a duty to form to the best of his ability—I have not feared to give: it is—to use words I used two years and a half ago—that 'the people of England will not endure it'.
Source: Speech to the Carshalton and Banstead Young Conservatives at Carshalton Hall (15 February 1971), from Still to Decide (1972), pp. 202-203

Benito Mussolini photo

“No one knows better than I with forty years' political experience that policy--particularly a revolutionary policy--has its tactical requirements. I recognised the Soviets in 1924. In 1934, I signed with them a treaty of commerce and friendship. I, therefore, understood that, especially as Ribbentrop's forecast about the non-intervention of Britain and France has not come off, you are obliged to avoid the second front [with Russia]. You have had to pay for this in that Russia has, without striking a blow, been the great profiteer of the war in Poland and the Baltic. But I, who was born a revolutionary and have not modified my revolutionary mentality, tell you that you cannot permanently sacrifice the principles of your revolution to the tactical requirements of a given moment... I have also the definite duty to add that a further step in the relations with Moscow would have catastrophic repercussions in Italy, where the unanimity of anti-Bolshevik feeling is absolute, granite-hard, and unbreakable. Permit me to think that this will not happen. The solution of your Lebensraum is in Russia, and nowhere else... The day when we shall have demolished Bolshevism we shall have kept faith with both our revolutions. Then it will be the turn of the great democracies, who will not be able to survive the cancer which gnaws them...”

Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…

1930s
Source: Letter to Hitler, quoted in Winston Churchill's The Gathering Storm