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Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak.
Nate Silver
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Nate Silver
Age: 46
Born: 1978
Born: January 13
Journalist
Mathematician
Poker Player
Statistician
East Lansing
Michigan
Nathaniel Read Silver
Nathaniel Read Nate Silver
Everyone
Much
Streak
Way
Streaks
Hot
Instinct
Cold
Almost
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I view my role now as providing more of a macro-level skepticism, rather than saying this poll is good or this poll is evil.
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People still don't appreciate how ephemeral success is.
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Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge.
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Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in it's entire print collection, right? But most of it is like cat videos on YouTube or thirteen-year-olds exchanging text messages about the next 'Twilight' movie.
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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.
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Precise forecasts masquerade as accurate ones.
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All I know is that I have way more stuff that I want to write about than I possibly have time to.
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