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About this quote

What does it mean?
Churchill mocks those who predict the future and then explain away failed predictions instead of admitting error.
In plain terms
Some people pretend to predict events and then make excuses when wrong.
What can you take from it?
Avoid making predictions you cannot stand behind if they fail.

Where it applies

  • analysis
  • forecasting
  • debate

Putting it to work

  • Be cautious with forecasts
  • Admit mistakes
  • Avoid excuses

Questions to consider

  • Why do we trust bad forecasters?
  • How do you measure prediction success?

Another view

Predictions are inherently uncertain and sometimes need context.

More from Winston Churchill

  1. Success is going from failure to failure without a loss of enthusiasm.

    Permalink to quote #159
  2. The biggest argument against democracy is a five minute discussion with the average voter.

    Permalink to quote #161
  3. So little time, so much to do.

    Permalink to quote #158

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