Take it back, you're wrong

1. "Everything that can be invented has been invented"
- U.S Patent Office Director urging President McKinley to abolish the Office (1899)

2. "I think there is a world market for about five computers"
- Thomas J. Watson, IBM President (1956)

3. "Man won't fly for a thousand years"
- Wilbur Wright to Orville after a disappointing experiment (1901)

4. "It doesn't matter what he does, he will never amount to anything"
- Albert Einstein's teacher to his father (1895)

5. "640K ought to be enough for anybody"
- Bill Gates (1981)

6. "We don't need you, you haven't got through college yet"
- HP's rejection of Steve Jobs, before he went on to found Apple

7. "Stocks have reached what looks like a permanently high plateau"
- Irving Fisher, Professor Economics, Yale University (Oct 16, 1929)

8. "We don't like their sound, and guitar music is on the way out"
- Decca Recording Co, rejecting The Beatles (1962)

The enlightening book, "303 of the World's Worst Predictions" by W. Coffey, is full of such amusing and insightful erroneous quotes