Sentences with phrase «hindsight forecasting»

The general term applied was «hindsight forecasting».

A good example of this process was the failure to hindsight forecast the global cooling from 1940 to 1980.

Not exact matches

While the know - it - all reminds people of their forecasting prowess, hindsight bias can have detrimental effects on one's finances or investment strategy.

I wasn't relying on credibility to make my point, thus my association with Pat Michaels (and, for full disclosure, my boss) doesn't seem to impact the contents of my comment — that it is easy to take credit in hindsight for a correct forecast, but, if you can't use it to reliably identify a future course, than it is of little good.

It was a well established mechanism a century ago that is now coming true, so when «skeptics» say attributing things in hindsight can't be trusted, it makes a difference when it was actually forecast by a theory that existed before any of it happened, doesn't it.