Executive Summary
Everyone is graving for knowledge of the future especially due to the uncertainty of the markets. People have developed predictive models some using statistical algorithms and big data. Forecasting that is a combination of experts and machines is better than using pure humans or machines. Tetlock and Gardener in the book Superforecasting: The Art and Science of Prediction argued that its time everyone get serious about both (Tetlock & Gardener p.24). Foresight is not an inherited mysterious gift rather it is a product of updating beliefs, gathering information and ways of thinking. It, therefore, means that to accurately forecast one ...