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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
Played
Rules
Baseball
Game
Economy
Games
Always

More quotes by Nate Silver

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I know it's cheaper to fund an op-ed columnist than a team of reporters, but I think it confuses the mission of what these great journalistic brands are about.
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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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When human judgment and big data intersect there are some funny things that happen
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Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge.
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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 was looking for something like baseball, where there's a lot of data and the competition was pretty low. That's when I discovered politics.
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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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I don't think you should limit what you read.
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I'm not trying to do anything too tricky.
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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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I don't play fantasy baseball anymore now because it's too much work, and I feel like I have to hold myself up to such a high standard. I'm pretty serious about my fantasy football, though.
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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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Success makes you less intimidated by things.
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If you're keeping yourself in the bubble and only looking at your own data or only watching the TV that fits your agenda then it gets boring.
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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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You don't want to influence the same system you are trying to forecast.
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Basically, books were a luxury item before the printing press.
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Remember, the Congress doesn't get as many opportunities to make an impression with the public.
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People gravitate toward information that implies a happier outlook for them.
Nate Silver