As Munger and Buffett used to say, show me an organisation who has an economist as an employee and I’ll show you a business with one too many employees.
“The only function of economic forecasting is to make astrology look respectable.” — Ezra Solomon, professor of finance, Stanford University
As Munger and Buffett used to say, show me an organisation who has an economist as an employee and I’ll show you a business with one too many employees.