macro
2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Aug 9, 2024 by Bill Gurley · across every show →
Everything said about macro, oldest first
Aug 9, 2024 negative
Apr 24, 2025 negative
Gurley: Macro forecasting is unreliable because complex systems have hidden shifting variables
“First, it's very hard to know which variables are dependent in a complex multi-variable system, and there may be one you don't know about that it flips, and the whole system takes on a different shape, and this makes these things very hard to predict, which is…”