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Predictions Quotes

My approach works not by making valid predictions but by allowing me to correct false ones.

George Soros (1994). “The Alchemy of Finance: Reading the Mind of the Market”, p.301, John Wiley & Sons

Rule 1. Original data should be presented in a way that will preserve the evidence in the original data for all the predictions assumed to be useful.

Walter A. Shewhart (2012). “Statistical Method from the Viewpoint of Quality Control”, p.88, Courier Corporation

We're the tortoise that has outrun the hare because it chose the easy predictions.

"Buffett Meets the Press". Interview with Rick Casterline, www.fool.com. June 29, 2006.

The only useful function of a statistician is to make predictions, and thus to provide a basis for action.

Journal of the American Statistical Association Quoted in W.A. Wallis' The Statistical Research Group, 1942-1945 Volume 75, Number 370, June 19 (p. 321)

All buildings are predictions. All predictions are wrong.

Stewart Brand (1995). “How Buildings Learn: What Happens After They're Built”, p.311, Penguin

Global warming isn't a prediction. It is happening.

"Game Over for the Climate". www.nytimes.com. May 9, 2012.