The Big Picture » UPDATED: Worst Predictions for 2008

UPDATED: Worst Predictions for 2008

Posted By Barry Ritholtz On December 31, 2008 @ 10:30 am In Financial Press,Markets,Psychology,Really, really bad calls | Comments Disabled

Special Schadenfreude edition: In case you missed it, here is our updated collections of the worst predictions for how 2008 would turn out:

• The 10 Worst Predictions for 2008 ^[1] (Foreign Policy)

• The Worst Predictions About 2008 ^[2] (Businessweek)

• 2008 Investment Guides Are HILARIOUS ^[3] (New York Magazine)

• Famous Last Words ^[4] (CNBC)

• The worst media calls of 2008 ^[5] (Kiplingers)

• Dropping the (crystal) ball: This crisis duped executives and regulators ^[6] (LA Times)

• 10 Predictions’ for 2008: BlackRock’s Bob Dol ^[7]l (Reuters)

• Jim Cramer’s Predictions for 2008 ^[8] (Covel)

Those two above have been cited all over the web. Here are a few others worth mentioning (did I miss any?)

• How wrong they were ^[9] (Salon)

• The web’s worst predictions ^[10] (Daily Mail UK)

• Worst Tech Predictions of 2008 ^[11] (C/NET)
(See also: Top 10 worst tech predictions of all time ^[12])

• Global Insight: 2008 Forecasts Reviewed ^[13] (PDF)

• The Most Inane Punditry of the 2008 presidential campaign ^[14] (Media Matters)

Not predictions, but real time errors in assigning casting, via MarketBeat:

• 2008 Lookback: The Blame Game ^[15]

Bonus! Not a forecaster, but the person who consistently gets the present wrong:

• Media Matters’ 2008 Misinformer of the Year ^[16]

Related:
The Folly of Forecasting ^[17]
RealMoney.com Contributor
6/7/2005 1:05 PM EDT

http://www.thestreet.com/_tscana/comment/barryritholtz/10226887.html

Worst Calls of 2008 ^[18] (November 2008)

http://www.ritholtz.com/blog/2008/11/worst-calls-of-2008/

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2008/12/worst-predictions-for-2008/

URLs in this post:

[1] The 10 Worst Predictions for 2008: http://www.foreignpolicy.com/story/cms.php?story_id=4569&page=0

[2] The Worst Predictions About 2008: http://www.businessweek.com/bwdaily/dnflash/content/dec2008/db20081224_028134.htm

[3] 2008 Investment Guides Are HILARIOUS: http://nymag.com/daily/intel/2008/12/2008_investment_guides_are_hil.html

[4] Famous Last Words: http://www.cnbc.com/id/28435645

[5] The worst media calls of 2008: http://articles.moneycentral.msn.com/Investing/Extra/the-worst-media-calls-of-2008.aspx

[6] Dropping the (crystal) ball: This crisis duped executives and regulators: http://www.latimes.com/business/la-fi-nevermind31-2008dec31,0,2791585.story

[7] 10 Predictions’ for 2008: BlackRock’s Bob Dol: http://www.reuters.com/article/pressRelease/idUS145128+09-Jan-2008+BW20080109

[8] Jim Cramer’s Predictions for 2008: http://www.michaelcovel.com/2008/12/28/jim-cramers-predictions-for-2008/

[9] How wrong they were: http://www.salon.com/news/feature/2008/11/06/bad_prediction/

[10] The web’s worst predictions: http://www.dailymail.co.uk/sciencetech/article-1093470/Next-Christmas-iPod-kaput-How-Sir-Alan-Sugar-got-wrong-174million-times--webs-worst-predictions.html

[11] Worst Tech Predictions of 2008: http://cnettv.cnet.com/2001-1_53-50004735.html

[12] Top 10 worst tech predictions of all time: http://www.zdnet.com.au/news/business/soa/Top-10-worst-tech-predictions-of-all-time-/0,139023166,339284671,00.htm

[13] 2008 Forecasts Reviewed: http://www.globalinsight.com/publicDownload/genericContent/TopTen_HowAccurateWereWe2008.pdf

[14] he Most Inane Punditry of the 2008 presidential campaign: http://mediamatters.org/action_center/eoy08/

[15] 2008 Lookback: The Blame Game: http://blogs.wsj.com/marketbeat/2008/12/26/2008-lookback-the-blame-game/

[16] Media Matters’ 2008 Misinformer of the Year: http://mediamatters.org/items/200812170007

[17] The Folly of Forecasting: http://www.thestreet.com/_tscana/comment/barryritholtz/10226887.html

[18] Worst Calls of 2008: http://www.ritholtz.com/blog/2008/11/worst-calls-of-2008/

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