A Quote by Sylvia Porter

One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already. — © Sylvia Porter
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.
I remember, when I went away to college at Southern Methodist University in Dallas, my aunt sent me a book with the rules of being a Southern Belle. One of the rules was to never wear white after Labor Day. Fashion has a lot to do with confidence and making up your own rules.
You accept whatever happens in the present moment, the only place where it can happen. Internally, you fully accept what is happening, and what is happening may include an emotion, a stream of anxiety that suddenly comes up within you.
I'm going to remember this, I told myself sternly. I'm going to remember how awful they made me feel today. So when I'm scared and alone and whatever else is going to happen to me starts to happen, I'm going to remember that nothing about be as bad as being stuck here.Nothing.
Whatever is going to happen is already happening.
I got a damn good mind to write a book about all the feelings that I have inside about all these things that happened in our life that we're making happen and letting it happen when it shouldn't be happening.
One of the things I've done is tell myself I can't let bad things that happen to me on the field, off the field, whatever, affect me.
At 16, 19, 20, you're just kinda going along with whatever's happening. You're not as proactive as you become when you're older. And particularly, something like fame that's happening so quickly - the requests are coming so quickly for you to do interviews or photo shoots, or you're getting work opportunities or whatever, it's happening so fast.
When all the experts and forecasts agree, something else is going to happen
Bell, thou soundest merrily, When the bridal party To the church doth hie! Bell, thou soundest solemnly, When, on Sabbath morning, Fields deserted lie!
Experimental economics is about conducting experiments: bringing economics into the laboratory or creating controlled conditions in the field that allow us to understand better what we are seeing in less controlled circumstances.
It's very important, at least to me as a writer, that there be some rules on the table when I'm writing. Rules come from genres. You're writing in a genre, there are rules, which is great because then you can break the rules. That's when really exciting things happen.
I think the only thing you should be judged on is your performance in whatever field you happen to be in.
I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field that I ever read was Principles of Economics by Alfred Marshall. I suppose subsequently I would have to pick out Keynes, Adam Smith, Marx.
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
I want you to remember who you are, despite the bad things that are happening to you. Because those bad things aren't you. They are just things that happen to you. You need to accept that who you are and the things that happen you, are not one and the same.
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.
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