Bases Quote by William Poundstone Download Open image “A bit is worth 10,000 basis points.” — William Poundstone ★ ★ ★ ★ ★ 2.5 out of 5 (10 ratings) Copy quoteShare Bases Bits
It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what… — Lysander Spooner Copy Share Image
I speak to lots of people around the world, and no one would tell you that 25 basis points will make a difference to them. — Jamie Dimon Copy Share Image
I wouldn't want to play anything bigger than 10,000 again. I think it's too much, and you lose touch. — David Cassidy Copy Share Image
Samuelson spotted a mistake in Bacheliers work. Bachelier's model had failed to consider that stock prices cannot fall below zero. — William Poundstone Copy Share Image
There is a deep connection between Bernoulli's dictum and John Kelly's 1956 publication. It turns out that Kelly's prescription can be restated as this… — William Poundstone Copy Share Image
“In view of this, it may seem remarkable that anything as complex as a text of Hamlet exists. The observation that Hamlet was written… — William Poundstone Copy Share Image
Expectation is a statistical fiction, like having 2.5 children. — William Poundstone Copy Share Image
“In 1894 Alexander Graham Bell’s telephone patents expired. Within a few years, over 6,000 local telephone companies were competing for the U.S. market.” — William Poundstone Copy Share Image
Paradox is thus a much deeper and universal concept than the ancients would have dreamed. Rather than an oddity, it is a mainstay of… — William Poundstone Copy Share Image
Bernoulli's real contribution was to coin a word. The word has been translated into English as "utility". It describes this subjective value people place… — William Poundstone Copy Share Image
There were many at Bell Labs and MIT who compared Shannon's insight to Einstein's. Others found that comparison unfair - unfair to Shannon. — William Poundstone Copy Share Image
Carl Friedrich Gauss, often rated the greatest mathematician of all time, played the market. On a salary of 1,000 thalers a year, Euler left… — William Poundstone Copy Share Image
The more improbable the message, the less "compressible" it is, and the more bandwidth it requires. This is Shannon's point: the essence is its… — William Poundstone Copy Share Image
“The stumbling block isn't the certainty effect per se. It's the way that smart people are influenced by mere words, by the way the… — William Poundstone Copy Share Image
The ultimate compound return rate is acutely sensitive to fat tails. — William Poundstone Copy Share Image
Self-respect and a clear conscience are powerful components of integrity and are the basis for enriching your relationships with others. — Denis Waitley Copy Share Image
If my campaign is not in the debate, we will not be talking about how we really fix this problem of endless and expanding… — Jill Stein Copy Share Image
I don't want to go into space because of war. I think we would if it was triggered. If China said they want to… — Neil deGrasse Tyson Copy Share Image
The United States cannot and should not discriminate on the basis of religion. The free exercise of religion is at the very heart of… — Mike Pence Copy Share Image
According to the best research, less than 3% of Americans have written goals, and less than 1% review and rewrite their goals on a daily basis. — Brian Tracy Copy Share Image
When the Lord Jesus Christ became my surety . . . He went to Calvary's cross, and all my guilt was charged against Him.… — Henry Allen Ironside Copy Share Image
I'm in a business where there's complete anarchy. You can't control it - you can only react to it. The control that people traditionally… — Martin Sorrell Copy Share Image
This tendency to avoid problems and the emotional suffering inherent in them is the primary basis of all human mental illness — Charles R. Swindoll Copy Share Image
There are dangers in consensus: it could be an attempt to satisfy people holding no particular views about anything. ... No great party can… — Margaret Thatcher Copy Share Image
There's no way to have a peace agreement unless the mediator or negotiator looks at both sides from an equal basis. — Jimmy Carter Copy Share Image
Coercion is the basis of every law in the universe,--human or divine. A law is not law without coercion behind it. — James A. Garfield Copy Share Image
Each Act of Parliament intended to address harassment and discrimination has faced objections on the basis of 'you'll never be able to prove...' and… — Tim Field Copy Share Image