Human mind Quote by William Poundstone

““Isn't human mind a funny thing? A bullet is a bullet, dead is dead. The reduction in probability of your demise is precisely the same in both cases. Why isn't your price the same?””

William Poundstone

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Human mind Psychology

More by William Poundstone

Samuelson spotted a mistake in Bacheliers work. Bachelier's model had failed to consider that stock prices cannot fall below zero.

William Poundstone

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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

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“In view of this, it may seem remarkable that anything as complex as a text of Hamlet exists. The observation that Hamlet was written…

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Expectation is a statistical fiction, like having 2.5 children.

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“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

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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

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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

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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

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A bit is worth 10,000 basis points.

William Poundstone

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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…

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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

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“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

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Explore all 33 William Poundstone quotes

More Human mind quotes

Never underestimate the power of the human mind to believe what it wants to believe, no matter the conflicting evidence.

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Teaching might even be the greatest of the arts since the medium is the human mind and spirit. My three [great teachers] did not…

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Dogma is a powerful way of closing human mind

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“The more that the human mind is enlightened, the more desirous it becomes of farther acquisitions in knowledge. The”

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“But I tell you, Winston, that reality is not external. Reality exists in the human mind, and nowhere else. Whatever the Party holds to…

George Orwell

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It is certain that every class is interested in [educational] establishments which give to the human mind its highest improvements, and to every Country…

James Madison

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Just take one thing out and the whole palace, the whole edifice of the human mind collapses. Take effort out of it and desiring…

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Freedom is the very essence of our economy and society. Without freedom the human mind is prevented from unleashing its creative force. But what…

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Charity is the filthiest invention of the human mind: first you steal what belongs to everyone; then you use the law and various other…

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“artificial intelligence is forcing human endeavor away from simple, algorithmic and repetitive tasks towards solving problems and incubating new ideas. It is the human…

Gyan Nagpal