The Importance of Estimation

explanation, I think, is the hardest bit of the analytical art. To explain why a patrol was attacked in some corner of Hellman province you would need to know the local languages and psychology. And it's even more difficult if you start to think about big geopolitical issues. But you need to do it. The second E in C is the estimation, a word that analysts, I hope you all prefer to prediction. Yes, my staff. It's up in the mind of the customer that you've got a crystal ball. And you've paid good money for this prediction. It's actually an estimation of how events might unfold on different assumptions. So Estimation isn't always necessary. Sometimes