Quote by Nate Silver Download Open image ““Precise forecasts masquerade as accurate ones, and some of us get fooled and double-down our bets.”” — Nate Silver ★ ★ ★ ★ ★ 2.4 out of 5 (10 ratings) Copy quoteShare
“Once in a while, however, the future turns out to be very different from the past. It’s at these times that accurate forecasts would… — Howard Marks Copy Share Image
“Predictions often give us an illusion of control in situations that are inherently out of our control. Nothing exemplifies this better than our relationship… — Heidi Cullen Copy Share Image
“people often make correct predictions on the basis of erroneous beliefs and defective prediction strategies.” — Lee Ross Copy Share Image
“Hundreds of studies confirm that human forecasts are flawed and biased. Human decision making is not so great either. Again to take just one… — Richard H. Thaler Copy Share Image
“Wherever there is human judgment there is the potential for bias. The way to become more objective is to recognize the influence that our… — Nate Silver Copy Share Image
“There are some people who, if they don't already know, you can't tell them. As the great philosopher of uncertainty Yogi berra once said,… — Nassim Nicholas Taleb Copy Share Image
The quest for certainty in forecasting outcomes can be the enemy of progress. — Nate Silver Copy Share Image
“Predictions are but guesses - when they come true, they are prophecies; when they don't, we salvage the situation by calling them allegories.” — Mike Klepper 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 Image
Not only does political coverage often lose the signal—it frequently accentuates the noise. — Nate Silver Copy Share Image
“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 Image
The public is even more pessimistic about the economy than even the most bearish economists are. — Nate Silver Copy Share Image
“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 Image
In politics people build whole reputations off of getting one thing right. — Nate Silver Copy Share Image
Well, you know, you're not going to have 86 percent of Congress voted out of office. — Nate Silver Copy Share Image
The quest for certainty in forecasting outcomes can be the enemy of progress. — Nate Silver Copy Share Image
To be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.' — Nate Silver Copy Share Image