4 ms·

I strongly disagree. You could find a thousand headlines of executives making market predictions that were completely wrong. This is a total illusion. Two year

• sottol 4y ago
  These companies have huge swathes of cash that need to be managed. Google for example has a large team of (renowned, fwiw) economists, among them Hal Varian [1], doing among other things revenue forecasts which would take the state of the economy into account. I would hazard a guess that MS (and thus its CEO) does have more insight into the economy than a random person. Does absolutely not mean that economists are necessarily great at forecasting, but they are professionals fwiw. [1] https://www.quora.com/What-do-economists-do-at-Google-their-responsibilities-as-Googles-employees https://www.quora.com/What-do-economists-do-at-Google-their-...