Since I started up this blog twenty-eight months ago, one of my categories from the beginning was “veridiction”. That word is my term for the practice of verifying predictions. I started this category because I became tired of watching talking heads on television and hearing so-called experts pontificate on podcasts that QRS would happen or that TUV would not occur. What made me angrier was that when QRS did not happen or when TUV made the headlines, no host would ever have that “expert” back on to explain why and how they were wrong.
People just made predictions and then went on their merry way.
With my electronic space, I hae looked at the predictions from various institutions and people including the Congressional Budget Office (CBO), The Old Farmer’s Almanac, MIT professor Yasheng Huang, pundit David Frum, and political consultant Ed Rollins.
Some have been right and some have been wrong. Either way, it has been great fun to hold on to those predictions and then come back to them to hold the proverbial feet to the fire.
However, I am no longer the only player in the veridiction marketplace.
Ladies and gentlemen, I whole-heartedly embrace the entrance of PunditTracker into the space of blogging about verifying predictions. So far, they have written about the stock picks of Jim Cramer (from CNBC’s Mad Money) and the March Madness predictions of various sportswriters.
To read what PunditTracker is about, jump to here.
If more and more people took finger to keyboard and took to task the posturing pontificating predictor who was wrong and also praised the orating oracle who was correct, I would surmise that the world would be a better place.
Don’t hold me to that prediction, though.
Leave a Reply