"If you put a forecast way above everyone else and the number comes in low, you look stupid. If you submit a forecast just a bit higher than everyone else, then no matter how strong the number is, you look smart!" "Herding around the mean is rational if you want to avoid looking stupid or getting fired, but as a market professional you need to be aware that the data is not clustered the way the forecasts imply."

— In our words · Source: Trade Outside the Box (Brent Donnelly)