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Nate Silver

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#Tags
I have the same friends and the same bad habits. - Nate Silver
#Bad Habits
#Bad
#Friends
#Habits
#Same
Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline. - Nate Silver
#Better
#Direction
#Good
#Time
#Will
I actually buy the paper version of The New York Times maybe once or twice a week. - Nate Silver
#New
#Paper
#Twice
#Version
#Week
If you aren't taking a representative sample, you won't get a representative snapshot. - Nate Silver
#Get
#Representative
#Sample
#Snapshot
Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak. - Nate Silver
#Cold
#Everyone
#Hot
#Too Much
#Way
Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in its entire print collection, right? But most of it is like cat videos on YouTube or 13-year-olds exchanging text messages about the next Twilight movie. - Nate Silver
#Day
#Every Day
#Library
#Three
#YouTube
When human judgment and big data intersect there are some funny things that happen. - Nate Silver
#Big
#Data
#Funny
#Happen
#Human
First of all, I think it's odd that people who cover politics wouldn't have any political views. - Nate Silver
#Political Views
#Political
#Politics
To the extent that you can find ways where you're making predictions, there's no substitute for testing yourself on real-world situations that you don't know the answer to in advance. - Nate Silver
#Answer
#Find
#Know
#Testing
#Yourself
You can build a statistical model and that's all well and good, but if you're dealing with a new type of financial instrument, for example, or a new type of situation - then the choices you're making are pretty arbitrary in a lot of respects. - Nate Silver
#Build
#Choices
#Good
#New
#Situation
Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge. - Nate Silver
#Both
#Knowledge
#Noise
#Self-Knowledge
#Signal
The Protestant Reformation had a lot to do with the printing press, where Martin Luther's theses were reproduced about 250,000 times, and so you had widespread dissemination of ideas that hadn't circulated in the mainstream before. - Nate Silver
#About
#Ideas
#Printing
#Reformation
Every four years in the presidential election, some new precedent is broken. - Nate Silver
#Broken
#Election
#Every
#Four
#New
There's always the risk that there are unknown unknowns. - Nate Silver
#Always
#Risk
#Unknown
#Unknowns
On average, people should be more skeptical when they see numbers. They should be more willing to play around with the data themselves. - Nate Silver
#Data
#Numbers
#People
#Play
#See
We must become more comfortable with probability and uncertainty. - Nate Silver
#Become
#Comfortable
#More
#Uncertainty
Basically, books were a luxury item before the printing press. - Nate Silver
#Luxury
#Press
#Printing Press
#Printing
The key to making a good forecast is not in limiting yourself to quantitative information. - Nate Silver
#Good
#Information
#Key
#Making
#Yourself
By playing games you can artificially speed up your learning curve to develop the right kind of thought processes. - Nate Silver
#Learning
#Playing Games
#Right
#Speed
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