Word: underpredict
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Dates: during 1968-1968
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There is a sort of psychology working in favor of such underestimations. Explains Conrad Jamieson, the vice president and chief economist of Los Angeles' Security First National Bank: "If you underpredict, you can always say, 'Gee, we did even better than I had predicted,' and it's not so bad. But then if you say, 'Well, we didn't do as well as I thought we would,' you look a lot worse...
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