The Experts Speak
The Definitive Compendium of Authoritative Misinformation (Revised Edition)
Did you ever have the uneasy feeling the experts
are not . . . well, expert?
"Stocks have reached what looks like a permanently high plateau."
--Irving Fisher, professor of economics at Yale University, October 17, 1929
"Forget it, Louis, no Civil War picture ever made a nickel."
--Irving Thalberg's warning to Louis B. Mayer regarding Gone With the Wind
"We don't like their sound. Groups of guitars are on the way out."
--Decca Recording Company executive, turning down the Beatles, 1962
"With over fifty foreign cars already on sale here the Japanese auto industry isn't likely to carve out a big share of the market for itself."--Business Week, 1968
"There is no reason for any individual to have a computer in their home."
--President of Digital Equipment Corporation,…