Forecasting Blunders

“Prediction is very difficult, especially if it’s about the future,” said Nils Bohr, Nobel laureate in Physics. A recent study shows that finance heads, who confidently forecast stock movements, are often wrong

Sometime in 1997, Ratan Tata invited all the major Telco suppliers to Lucknow to share his vision of where the industry was headed. He announced that Telco was going to double its...

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