"Drill for oil? You mean drill into the ground to try and find oil? You're crazy." -- Workers whom Edwin L. Drake tried to enlist to his project to drill for oil in 1859.
The purpose of this blog is to collect and record examples of the numerous predictions, forecasts, etc... that turned out to be hopelessly wrong.
Please feel free to submit any examples of bad forecasts, with additional evidence of the forecast error if possible, unless its wildly obvious like a prediction that 'the world will end in 1985'. Send any submissions to BadPredictions-at-gmail-dot-com.
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