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Top 7 Edgar Fiedler Quotes (2024 Update)

1. “For economist the real world is often a special case.”

— Edgar Fiedler

2. “If you have to forecast, forecast often...”

— Edgar Fiedler

3. “The herd instinct among forecasters makes sheep look like independent thinkers...”

— Edgar Fiedler

4. “Ask five economists and you’ll get five different answers – six if one went to Harvard...”

— Edgar Fiedler

5. “Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.”

— Edgar Fiedler

6. “When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don’t know the answer either.”

— Edgar Fiedler

7. “Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.”

— Edgar Fiedler

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