Word: prediction
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That's not to say that I think the economic news will improve or that markets are poised for a sustained surge. Media pundits, economists and market seers vastly overestimate their ability to predict such things. What I do know is that smart investors yearn for this kind of turbulence. As Warren Buffett once put it: "The true investor welcomes volatility" because it often produces "irrationally low prices" for "solid businesses...
...positive reactions and an increased interest from colleagues," Kämmerer says, while cautioning that the results are preliminary and that the study was not designed to test efficacy, but to identify side effects and determine the safety of the diet-based approach. So far, it's impossible to predict whether it will really work. It is already evident that it doesn't always: two patients recently left the study because their tumors kept growing, even though they stuck to the diet...
...late 1920s, Burgess wondered how to predict whether paroled criminals would strike again. To find out, he followed 3,000 Illinois inmates as they left prison, drawing up a list of 21 features that made prisoners likely to violate their parole (age, number of crimes, nature of crimes, etc.). He counted the factors for each prisoner, and predicted which would once again commit crimes and be caught...
...other words, the Bears will be bad this year, so it’s “Brown and Duquesne and pray for rain.” This is one a few games they should win, and they will, but not by the two touchdowns the bookies predict...
...general to regain popularity. But Bhutto's own standing has plummeted since she started dealing with the dictator. Now negotiations are stalled over her demands that he resign as head of the military, drop corruption charges against her and give up the power to dissolve parliament. U.S. officials predict Bhutto's popularity will spike if she returns to power in an alliance with the general because she'll be seen as a counterweight to Musharraf. "The conventional wisdom is that would be enough to steady her numbers," says a U.S. State Department official...