Skip to main content
Risk models are a substitute for historical knowledge, because they tend to work with just three years' worth of data. But three years is not a long time in financial history.
Niall Ferguson
Create image
Share

What does this quote mean?

This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.

Best used for

  • Instagram captions
  • Pinterest quote pins
  • Personal reflection
  • Speeches
  • Greeting cards

Caption suggestions

Instagram caption

"Risk models are a substitute for historical knowledge, because they tend to work with just three years' worth of data. But three years is not a long time in financial history."
— Niall Ferguson #moneywealth

Pinterest title

Risk models are a substitute for historical knowledge, because they tend to work with just thr…

Pinterest description

Risk models are a substitute for historical knowledge, because they tend to work with just three years' worth of data. But three years is not a long time in financial history. — Niall Ferguson

About Niall Ferguson

Niall Ferguson was a Historian from United Kingdom (1964–present).

Read more about Niall Ferguson →

Frequently Asked Questions

Who said "Risk models are a substitute for historical knowledge, because they tend to wor…"?
This quote is attributed to Niall Ferguson, a Historian from United Kingdom.
When did Niall Ferguson live?
Niall Ferguson lived from 1964 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.