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One can’t say that figures lie. But figures, as used in…

“One can’t say that figures lie. But figures, as used in financial arguments, seem to have the bad habit of expressing a small part of the truth forcibly, and neglecting the other part, as do some people we know.” quote by Fred Schwed Jr
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““One can’t say that figures lie. But figures, as used in financial arguments, seem to have the bad habit of expressing a small part of the truth forcibly, and neglecting the other part, as do some people we know.””

Fred Schwed Jr

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Numbers can mislead when they highlight only part of a story, ignoring broader context.

In simple terms: Figures can hide truth by showing only a slice.

Key Takeaway

Look beyond the numbers.

Themes

statistics truth interpretation

Mood

cautious analytical

Type

critical informative

When to use this quote

  • financial analysis
  • investment decisions
  • policy making
  • media reporting
  • personal budgeting

Key Concepts

cognitive bias partial information

Questions to Reflect On

  • How do you verify the full picture behind data?
  • What biases affect your interpretation of statistics?
A Different Perspective

Numbers alone can be deceptive without context.

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