Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in it's entire print collection, right? But most of it is like cat videos on YouTube or thirteen-year-olds exchanging… — Nate Silver Copy Share Image
Finding patterns is easy in any kind of data-rich environment; that's what mediocre gamblers do. The key is in determining whether the patterns represent… — Nate Silver Copy Share
Not only does political coverage often lose the signal—it frequently accentuates the noise. — Nate Silver Copy Share
“These partisan beliefs can upset the equation in which more information will bring us closer to the truth. A recent study in Nature found… — Nate Silver Copy Share
The public is even more pessimistic about the economy than even the most bearish economists are. — Nate Silver Copy Share
“But forecasters often resist considering these out-of-sample problems. When we expand our sample to include events further apart from us in time and space,… — Nate Silver Copy Share
Well, you know, you're not going to have 86 percent of Congress voted out of office. — Nate Silver Copy Share
The quest for certainty in forecasting outcomes can be the enemy of progress. — Nate Silver Copy Share
To be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.' — Nate Silver Copy Share
“Most of you will have heard the maxim "correlation does not imply causation." Just because two variables have a statistical relationship with each other… — Nate Silver Copy Share
Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans… — Nate Silver Copy Share