Predictions Quotes - Page 13

• A rational prediction has an explanation based on theory.

  W. Edwards Deming

  Management, Theory, Rational

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• Four predictions of the Big Bang Theory have now been verified - surely enough to quench even the most biased critics.

  Joseph Silk

  Bangs, Four, Enough

  "The Dark Side of the Universe". Astronomy and Geophysics, April 2007.

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• Some of the most wonderful aspects and consequences of evolution have been discovered only recently. This is in stark contrast to creationism, which offers a static view of the world, one that cannot be challenged or tested with reason. And because it cannot make predictions, it cannot lead to new discoveries, new medicines, or new ways to feed all of us.

  Bill Nye

  Discovery, Views, Medicine

  Bill Nye (2014). “Undeniable: Evolution and the Science of Creation”, p.5, St. Martin's Press

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• Management is prediction.

  W. Edwards Deming

  Management

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• To know whether you can trust a particular intuitive judgment, there are two questions you should ask: Is the environment in which the judgment is made sufficiently regular to enable predictions from the available evidence? The answer is yes for diagnosticians, no for stock pickers. Do the professionals have an adequate opportunity to learn the cues and the regularities? The answer here depends on the professionals' experience and on the quality and speed with which they discover their mistakes.

  Daniel Kahneman

  Mistake, Opportunity, Two

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• The study of everything that stands connected with the death of Christ, whether it be in the types of the ceremonial law, the predictions of the prophets, the narratives of the gospels, the doctrines of the epistles, or the sublime vision of the Apocalypse, this is the food of the soul, the manna from heaven, the bread of life. This is "meat indeed" and "drink indeed."

  John Angell James

  Bread Of Life, Law, Heaven

  "Dictionary of Burning Words of Brilliant Writers". Book by Josiah Hotchkiss Gilbert, p. 69, 1895.

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• I never make a prediction that can be proved wrong within 24 hours.

  Louis Rukeyser

  Hours

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• I believe that only short-term price swings can be predicted with any precision. The accuracy of a prediction drops off dramatically, the more distant the forecast time. I'm a strong believer in chaos theory.

  Linda Bradford Raschke

  Strong, Believe, Swings

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• So you see, in the end, it is nearly certain that the power of prediction must triumph over the arrogance of elegance.

  Robert Haugen

  Arrogance, Triumph, Elegance

  "The Inefficient Stock Market - What Pays Off And Why". Book by Robert Haugen, ch. 15, The Wrong 20-yard Line, p. 148, 1999.

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• Data-driven predictions can succeed-and they can fail. It is when we deny our role in the process that the odds of failure rise. Before we demand more of our data, we need to demand more of ourselves.

  Nate Silver

  Odds, Data, Needs

  Nate Silver (2012). “The Signal and the Noise: Why So Many Predictions Fail-but Some Don't”, p.17, Penguin

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• Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.

  Charlie Munger

  Looks, Easy, Partners

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

  Charlie Munger

  Tortoises, Easy, Hares

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

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• For the last 250 years or so, secularists have waited patiently for the fulfilment of their prediction that religion would die out in the next generation or two. But religious people have been singularly uncooperative, and new strategies have developed for controlling this blight on human progress. If religion won't "wither away" as philosopher Richard Rorty has wished, then perhaps it can be privatized and thereby removed from influence on public life‚ - sort of like localizing an outbreak of the plague.

  Daniel Taylor

  Religious, Years, Two

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• We were required to predict a soldier's performance in officer training and in combat, but we did so by evaluating his behavior over one hour in an artificial situation. This was a perfect instance of a general rule that I call WYSIATI, "What you see is all there is." We had made up a story from the little we knew but had no way to allow for what we did not know about the individual's future, which was almost everything that would actually matter. When you know as little as we did, you should not make extreme predictions like "He will be a star."

  Daniel Kahneman

  Stars, Perfect, Soldier

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• Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.

  Mark Skousen

  War, Expression, Ideas

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• Use of paper has continued to soar. It is as though paper is taking its revenge on the futurists - not that any futurist has ever lost business because of a wrong prediction.

  Edward Tenner

  Revenge, Use, Paper

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• It's extremely hard to know what the economic consequences of any decision will be. And I'm not a, a, a financial analyst, so I, I generally don't try to make some kind of prediction about that.

  Naomi Oreskes

  Decision, Trying, Financial

  Source: to.pbs.org

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• We who have seen him now, light on his feet, smooth moving as a leopard, a young man with an old man's science, the most beautiful fighting machine I have ever seen, may live to see him fat, slow, old, and bald taking a beating from a younger man. But I would like to hazard a prediction that whoever beats Joe Louis in an honest fight in the next fifteen years will have to get up the floor to do it.

  Ernest Hemingway

  Beautiful, Moving, Fighting

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• Science fiction is not predictive; it is descriptive.... Prediction is the business of prophets, clairvoyants, and futurologists. It is not the business of novelists. A novelist's business is lying.... Open your eyes; listen, listen. That is what the novelists say. But they don't tell you what you will see and hear. All they can tell you is what they have seen and heard, in their time in this world, a third of it spent in sleep and dreaming, another third of it spent in telling lies.

  Ursula K. Le Guin

  Dream, Lying, Sleep

  Ursula K. Le Guin (2000). “The Left Hand of Darkness”, p.8, Penguin

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• One of the marvels of personality is its resistance to prediction. One man's paralyzing trauma is another man's invitation to take control of his life; one woman's grounds for insanity is another woman's ground to a dramatic shaping of self.

  Rosellen Brown

  Men, Self, Insanity

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• Al Gore is producing enough hot air to make his doomsday predictions about global warming a self-fulfilling prophecy.

  Joseph Farah

  Air, Self, Hot

  Joseph Farah (2007). “Stop the Presses!: The Inside Story of the New Media Revolution”, p.151, WND Books

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• I have yet to see a successful prediction about the physical world that was inferred or extrapolated from the content of any religions document.

  Neil deGrasse Tyson

  Successful, World, Documents

  Neil Degrasse Tyson (2010). “The Sky Is Not the Limit: Adventures of an Urban Astrophysicist”, p.183, Prometheus Books

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• Making predictions is like throwing a dartboard at the fixture list

  Mike Parry

  Lists, Fixture, Throwing

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• Speculators are obsessed with predicting: guessing the direction of stock prices. Every morning on cable television, every afternoon on the stock market report, every weekend in Barron's, every week in dozens of market newsletters, and whenever business people get together. In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a purely speculative undertaking.

  Seth Klarman

  Morning, Weekend, Reality

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• Of the properties of mathematics, as a language, the most peculiar one is that by playing formal games with an input mathematical text, one can get an output text which seemingly carries new knowledge. The basic examples are furnished by scientific or technological calculations: general laws plus initial conditions produce predictions, often only after time-consuming and computer-aided work. One can say that the input contains an implicit knowledge which is thereby made explicit.

  IU?. I. Manin

  Law, Games, Peculiar

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