Famous quote by Malcolm Forbes

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Anyone who says businessmen deal in facts, not fiction, has never read old five-year projections
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"Anyone who says businessmen deal in facts, not fiction, has never read old five-year projections"

- Malcolm Forbes

About this Quote

This quote by Malcolm Forbes is a funny way of pointing out the mistake of service projections. It indicates that company forecasts are typically overly optimistic and not based in reality. Forbes is suggesting that these forecasts are more akin to fiction than realities. He is suggesting that organization forecasts are typically overly positive and not based in reality. This is because they are frequently based upon assumptions and estimates that may not be precise. By saying that business people deal in realities, not fiction, Forbes is highlighting the truth that these forecasts are often undependable and need to not be taken too seriously. He is likewise recommending that businessmen ought to be more practical when making projections and ought to not rely too greatly on them.

About the Author

USA Flag This quote is written / told by Malcolm Forbes between August 19, 1917 and February 24, 1990. He/she was a famous Publisher from USA. The author also have 32 other quotes.

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