Life Quote by Peter L. Bernstein

“But therein lies the logician's trap: past data from real life constitute a sequence of events rather than a set of independent observations, which…

— Peter L. Bernstein

It was our use of probability theory as logic that has enabled us to do so easily what was impossible for those who thought…

— Edwin Thompson Jaynes

“Stories people told themselves were biased by the availability of the material used to construct them...what people remember about the past, [Kahneman and Tversky]…

— Michael Lewis

“The psychologists Daniel Kahnerman and Amos Tversky have shown when humans estimate the likelihood or frequency of an event, we make that judgment based…

— Benjamin Graham

Data are just as often molded to fit preferred conclusions.

— Roger Lewin

Life is made up of a series of judgments on insufficient data, and if we waited to run down all our doubts, it would…

— Learned Hand

The true logic of this world is the calculus of probabilities.

— James Clerk Maxwell

The inability to predict outliers implies the inability to predict the course of history

— Nassim Nicholas Taleb

In our struggle to understand the history of life, we must learn where to place the boundary between contingent and unpredictable events that occur…

— Stephen Jay Gould

“We tend to shy away from data that challenges our assumptions, that erodes our preconceptions. Getting rid of our wrong ideas is a painful…

— Charles Seife

“The associative machinery seeks causes. The difficulty we have with statistical regularities is that they call for a different approach. Instead of focusing on…

— Daniel Kahneman

“Dataism is gaining a better and better understanding of decision-making processes, but it might be adopting an increasingly skewed view of life.”

— Yuval Noah Harari