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Economy is not baseball, where the game is always played by the same rules.
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
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Economy
Games
Always
Played
Rules
Baseball
More quotes by Nate Silver
Any one game in baseball doesn't tell you that much, just as any one poll doesn't tell you that much.
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The public is even more pessimistic about the economy than even the most bearish economists are.
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People don't have a good intuitive sense of how to weigh new information in light of what they already know. They tend to overrate it.
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People have different ways of interpreting history.
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First of all, I think it's odd that people who cover politics wouldn't have any political views.
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I've become invested with this symbolic power. It really does transcend what I'm actually doing and what I actually deserve.
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Success makes you less intimidated by things.
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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.
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Remember, the Congress doesn't get as many opportunities to make an impression with the public.
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I have to make sure that I make good choices and that if I put my name on it, it's a high-quality endeavor and that I have time to be a human being.
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If the state polls are right, then Mr. Obama will win the Electoral College. If you can't acknowledge that after a day when Mr. Obama leads 19 out of 20 swing-state polls, then you should abandon the pretense that your goal is to inform rather than entertain the public.
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I think there's space in the market for a half-dozen kind of polling analysts.
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One of the pervasive risks that we face in the information age, as I wrote in the introduction, is that even if the amount of knowledge in the world is increasing, the gap between what we know and what we think we know may be widening.
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I have the same friends and the same bad habits.
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Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak.
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In baseball you have terrific data and you can be a lot more creative with it.
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People gravitate toward information that implies a happier outlook for them.
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Data scientist is just a sexed up word for statistician.
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I don't think you should limit what you read.
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If there's a major foreign policy event, the President gets on TV, the Congress doesn't.
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