Posts Tagged ‘vuvuzela’

World Cup according to genius bankers

Written By: - Date published: 3:15 pm, July 6th, 2010 - 14 comments

Economists, bankers, Treasury officials, financial wizards of various kinds, they like to pretend that they know what they’re talking about. All too often they don’t. Predicting the behaviour of complex systems is hard. Consider for example, the big banks’ predictions on the winner of the Football World Cup…