(no subject)

[randomness]

Meteorologists are much more accurate much more of the time than financial pundits, but because everyone thinks they understand the weather, everyone feels like they're an expert.

The financial pundits have a great gig.

Comments

[r-ness.livejournal.com]

Yeah. Or the one that says that economists have predicted nine out of the last six recessions.

[r-ness.livejournal.com]

To be fair, I'm not actually talking about economists so much as I'm talking about financial prognosticators. There are a lot of economists who refuse to play that game, and most of the finance talking heads aren't economists.