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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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Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge.
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If I had a spreadsheet on my computer, it looked like I was busy.
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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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Basically, books were a luxury item before the printing press.
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You get steely nerves playing poker.
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Accountability doesn't mean apologizing.
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I don't think that somebody who is observing or predicting behavior should also be participating in the 'experiment.'
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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 think there's space in the market for a half-dozen kind of polling analysts.
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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.
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People have different ways of interpreting history.
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I think people feel like there are all these things in our lives that we don't really have control over.
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I prefer more to kind of show people different things than tell them 'oh, here's what you should believe' and, over time, you can build up a rapport with your audience.
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Caesar recognized the omens, but he didn't believe they applied to him.
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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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I actually buy the paper version of The New York Times maybe once or twice a week.
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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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I don't think you should limit what you read.
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People still don't appreciate how ephemeral success is.
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The signal is the truth. The noise is what distracts us from the truth.
Nate Silver