The experts were right: favored Villanova defeated Michigan last night to win the NCAA men’s basketball championship. But they were wrong about how the Wildcats won their second title in three years.
Their best player wasn’t the best player in college basketball. Jalen Brunson has been named AP’s Player of the Year, the Oscar Robertson Player of the Year, and the Naismith Men’s Player of the Year. But he scored only nine points in last night’s game.
It turned out, a player who didn’t start the game dominated it. Donte DiVincenzo scored thirty-one points and was named Most Outstanding Player.
Market predictions were “pathetically wrong”
As the Danish proverb notes, “It is difficult to make predictions, especially about the future.”
According to the Wall Street Journal, last year’s stock market predictions were “pathetically wrong.” The day after the last presidential election, New York Times columnist Paul Krugman predicted, “We are very probably looking at a global recession, with no end in sight.”
It’s not that we’re worse at predicting the future than those who came before us. The World Economic Forum reminds us that Thomas Edison once expected alchemy to be perfected, so that “it will be an easy matter to convert a truckload of iron bars into virgin gold.”
The New York Times announced in 1920, “a rocket will never be able to leave the Earth’s atmosphere.” In 1949, Popular Mechanics predicted that “computers in the future may have only 1000 vacuum tubes and perhaps weigh only 1.5 tons.”
And in 1977, Digital Equipment Corporation founder Ken Olsen claimed, “There is no reason anyone would want a computer in their home.” (To be fair, his computers were larger than many people’s homes at the time.)
“No one ever spoke like this man!”
I was reading in the Psalms recently and came upon this remarkable statement: “How great are your works, O Lord! Your thoughts are very deep!” (Psalm 92:5)….
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