UPDATED: Worst Predictions for 2008

December 31, 2008 10:30am by Barry Ritholtz

Special Schadenfreude edition: In case you missed it, here is our updated collections of the worst predictions for how 2008 would turn out:

• The 10 Worst Predictions for 2008 (Foreign Policy)

• The Worst Predictions About 2008 (Businessweek)

• 2008 Investment Guides Are HILARIOUS (New York Magazine)

• Famous Last Words (CNBC)

• The worst media calls of 2008 (Kiplingers)

• Dropping the (crystal) ball: This crisis duped executives and regulators (LA Times)

• 10 Predictions’ for 2008: BlackRock’s Bob Doll (Reuters)

• Jim Cramer’s Predictions for 2008 (Covel)

Those two above have been cited all over the web. Here are a few others worth mentioning (did I miss any?)

• How wrong they were (Salon)

• The web’s worst predictions (Daily Mail UK)

• Worst Tech Predictions of 2008 (C/NET)
(See also: Top 10 worst tech predictions of all time)

• Global Insight: 2008 Forecasts Reviewed (PDF)

• The Most Inane Punditry of the 2008 presidential campaign (Media Matters)

Not predictions, but real time errors in assigning casting, via MarketBeat:

• 2008 Lookback: The Blame Game

Bonus! Not a forecaster, but the person who consistently gets the present wrong:

• Media Matters’ 2008 Misinformer of the Year

Related:
The Folly of Forecasting
RealMoney.com Contributor
6/7/2005 1:05 PM EDT
http://www.thestreet.com/_tscana/comment/barryritholtz/10226887.html

Worst Calls of 2008 (November 2008)
http://www.ritholtz.com/blog/2008/11/worst-calls-of-2008/

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/

twitter

facebook