Or were we alarmist, underestimating institutional strength (or rather, inertia)?
Biden wasn’t alone in the Senate in underestimating the seriousness of Hill’s charges.
But underestimating Mr Ackerman has proved as dangerous as underestimating Corning itself.
However, the former Slaughter and May lawyer has been accused of underestimating the financial impact, with some estimates putting the figure as high as £140m.
He added that many officials are underestimating the coronavirus' death rate and ignoring overwhelmed hospitals' limited capacity.
The danger is people can be lulled into underestimating the danger, letting their guard down, and exposing themselves to infection.
"Obviously I can't say I'm not worried because I don't want anyone to think we're underestimating this emergency," he said, according to the AP.
By following him, I understood the speed with which the virus could spread, and the severity of the situation, when many were underestimating it.
Blame might lie with the EU for "massively overestimating" the production capacities of manufacturers and "underestimating" the price, says German public broadcaster ZDF.
After the UK government is accused of underestimating the threat of Russian interference, ministers are considering strengthening security laws to require all foreign agents to register in the UK in future.
While there is no underestimating the importance of the agreement — the generosity of its size and the novelty of its mechanisms — the acrimony and dramatics of the four-day meeting betrayed the new divisions within the bloc.
The International Energy Agency, which has been criticised for underestimating the rise of renewable energy, has modelled two scenarios of future thermal coal use – one roughly similar to that adopted by the NSW government, the other vastly different.
Mike Wilson, Morgan Stanley's chief US equity strategist, who called the past two sell-offs, said that he was expecting a correction of 10% to 20% and that investors were underestimating the impact of supply shortages and labor-availability challenges.
Professor John Newton, director of health improvement at Public Health England, said: “The way we count deaths in people with Covid-19 in England was originally chosen to avoid underestimating deaths caused by the virus in the early stages of the pandemic.
Shares of MGM Resorts and Caesars Entertainment climbed Monday as Morgan Stanley upgraded the companies to overweight ratings as it sees Wall Street 'grossly underestimating' the earnings potential for the companies from Las Vegas' recovery from the pandemic.
In fact, research last month indicated that female graduates are dramatically underestimating their earning power when applying for their first job out of university, asking for less, getting less and setting them on course for a lower income path over the decades to come.
YouGov introduced a technique called MRP (multi-level regression and post-stratification) in 2017 that correctly forecast a hung parliament on its debut outing but was broadly felt to have been less reliable this time, underestimating the sheer extent of Conservative support.
Prime Minister Boris Johnson and other UK officials reportedly believe that China has significantly misled the world about the virus and its severity, including by underestimating deaths of its citizens, while seeking to build its economic power by offering other nations help.
The government adviser who warned against the plan, Sir John Bell, a professor at the University of Oxford, said in a radio interview that the problems with the government’s existing testing program were a result of underestimating demand once students returned to class this month.
"While it appears Tesla will no longer be reliant on the capital markets for survival, and while we can understand why the market is cheering Tesla's volume growth opportunity, we think they are underestimating the enormous amounts of capital that will be required to achieve that growth," Yacktman said.
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