From sports shows to regular TV talkshows, financial to the most pressing social issues, watching the 'experts' give their analysis on issues has been an important part of modern TV. However, lately there has been a major stop gap on this subject matter, as it has been revealed that the space called experts take wild guesses as much as anybody, and are oftentimes just as wrong as the rest of us.
Yet It hasn't quite prevented their most loyal supporters from tuning in. Granted, there is an element of personal bias that flows into this when it comes to support. What has been proven more than anything is that people either tune in to reinforce their opinions, feel better, or simply be entertained. The analysts and experts themselves know this and as such are very willing to keep stirring up sentiments or exhibiting a bit more charisma and drama in their presentations.
While we shouldn't give up on analysts and commentators, it is important that we be weary and not get sucked in by personalities. It is often good to listen to a wide variety of opinions especially if it ultimately affects our decision making process. Yet some of us have accepted things the way they are in the sense that we are no longer interested in the correctness of these pundits if it fits other criterion. It isn't necessarily a crime, as we do have a right to seek value in whatever area we want.
However it is a reminder not to take the opinions of others too seriously, even when it reaffirms our own personal bias. When it comes to predictions even quantitative models fail how much more those forged out of sentiments.