How many economists does it take to make a correct predicton?

veryintrigued

Money for old rope or so highly complicated with so many factors that no-one could ever be expected to get it right (ever).

fermi

This probably applies:

https://en.wikipedia.org/wiki/Infinite_monkey_theorem

veryintrigued

In that case I am going to refer to myself as an economist.

Next step is to get some of those business cards printed. Maybe I can re-use the lion tamer ones I got printed last time.

Its that easy....right?

Thrugelmir

veryintrigued wrote: »

Its that easy....right?

Often debated. However anyone who has ever produced a forecast of any kind. It's only as relevant/accurate as to what's known at the time.

Tomorrow is a different day. With different factors to be considered.

ruperts

It’s somebody who doesn’t know you trying to predict what you are going to do with your money in the future based on what people who are a bit like you have done with their money in the past. That same prediction is then made for millions of other people and businesses. Good luck with that. It’s a wonder they get things as close as they do.