Well, I didn't watch it, and I don't have a transcript. But I do have the trusty (recently re-designed) LA Times and they printed Greenspan making this remark yesterday:
“If we are right 60% of the time in forecasting, we’re doing exceptionally well. That means we are wrong 40% of the time. We can try to do better, but forecasting…never gets to the point where it’s 100% accurate.”
I wish I could be right 60% of the time at my job and not get fired.
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