The herd instinct among forecasters makes sheep look like independent thinkers. Download Download Share on Facebook Share on Twitter Rotate quotes forecaster herd independent
He who lives by the crystal ball soon learns to eat ground glass. Edgar Fiedler ballcrystaleat Change image and share on social
For economist the real world is often a special case. Edgar Fiedler caseeconomistreal Change image and share on social
Ask five economists and you'll get five different answers - six if one went to Harvard. Edgar Fiedler answereconomistharvard Change image and share on social
An independent state does not pay too dear a price for its independence in accepting the sufferings of war when it cannot avoid them; a state which has lost its independence may find at least some compensation in the fact that its protector procures for it peace with its neighbours. Theodor Mommsen acceptavoidcompensation share on social
An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. Andrew Lang drunkenforecasterillumination Change image and share on social
When a herd of cattle see a strange object, they are not satisfied till each one has sniffed it; and the horse is cured of his fright at the robe, or the meal-bag, or other object, as soon as he can be induced to smell it. There is a great deal of speculation in the eye of an animal, but very little science. John Burroughs animalbagcattle share on social