A Quote by Malcolm Forbes

Experts kill me. Economic experts, that is. Corporations, foundations, publications and governments pay them by the bucketful, and they fill buckets with forecasts that change more frequently than white-collar, workers do shirts. What Lies Ahead is the usual title. What Lies would often be more appropriate. If women's hemlines changed as rapidly as an economist's forecasts, the fashion people and the textile industry would be more profitable than any other. In fact, if all the country's economists were laid end to end, they still wouldn't reach a conclusion.
If you took the entire internet and laid it end to end, it would weigh more than the other thing. It would weigh more than it would if it wasn't laid end to end. Like, if it was a ball of rolled up internet it would weigh less. I'm pretty sure. It depends on the size of the scale, I think.
Experience is a wonderful thing. It enables you to recognize a mistake when you make it again. If all economists were laid end to end they would not reach a conclusion.
In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level - I mean the wages of decent living.
If all the economists were laid end to end, they'd never reach a conclusion.
I would hope that a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn't lived that life.
If power lies more and more in the hands of corporations rather than governments, the most effective way to be political is not to cast one's vote at the ballot box, but to do so at the supermarket or at a shareholders' meeting. When provoked, corporations respond.
In his garden every man may be his own artist without apology or explanation. Each within his green enclosure is a creator, and no two shall reach the same conclusion; nor shall we, any more than other creative workers, be ever wholly satisfied with our accomplishment. Ever a season ahead of us floats the vision of perfection and herein lies its perennial charm.
A potentially useful property of forecasts based on cointegration is that when extended some way ahead, the forecasts of the two series will form a constant ratio, as is expected by some asymptotic economic theory.
Don't be buffaloed by experts and elites. Experts often possess more data than judgment. Elites can become so inbred that they produce hemophiliacs who bleed to death as soon as they are nicked by the real world.
When all the experts and forecasts agree, something else is going to happen
From the end of 2006 until the end of 2008 I think I met with Abu Mazen more often than any Israeli leader has ever met any Arab leader. I met him more than 35 times. They were intense, serious negotiations.
Part of the reason that women go to college is to get out of the food service, clerical, pink-collar ghetto and into a more white-collar job. That does not necessarily mean they are being paid more than the blue-collar jobs men have.
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
Economics, over the years, has become more and more abstract and divorced from events in the real world. Economists, by and large, do not study the workings of the actual economic system. They theorize about it. As Ely Devons, an English economist, once said in a meeting: 'If economists wanted to study the horse, they wouldn't go around and look at horses. They'd sit in their studies and say to themselves, `What would I do if I were a horse?' '
For decades, Colombia has been accused of being the world's principal provider of cocaine. If this comes to an end, it would be a dramatic change for our country - which has been suffering more than any other from the consequences of drug-trafficking.
You have a white guy as an announcer and sportscaster. Me, I'm black. I do it and I've already done some stuff in the past. We're more expressive than the white guys. You look at the skill players. We're the ones that get into the end zone. We get in the end zone more than they do.
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