“Expert” forecasting is generally terrible. Beyond terrible, actually. As if it were needed, here is some more evidence to add to the huge, steaming pile that already exists.
ESPN employed 43 alleged baseball experts who predicted the 2013 play-off teams, division winners, league champions and World Series champions. These are all people who are well paid to follow baseball closely — all day, every day — in order to report on it. You’ll recognize many of the names.
How did they do? Dreadfully. Of course.
Of the 43, eight thought the Cardinals would win their division and 10 more thought that the Cards would get to the one-game play-in as a wildcard team. But none had St. Louis in the World Series. Not a single one. But that’s a really, really good record compared to what they thought about the Red Sox.
No “expert” thought that Boston would win the American League East. Four of them thought the Sox would squeak into the post-season as a wildcard team. Not a single one thought that the Red Sox would even make the Fall Classic, much less win it. None.
Think about that the next time you consider putting Series serious money to work based upon a market or economic forecast. Not one of 43 full-time, highly paid “experts” called for either the Cardinals or the Red Sox to be in the World Series.
Zero. Zip. Nada. Squadouche.
Above the Market 
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