Quote

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.

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
Tend
Already
Information
Sense
Light
Good
Overrate
People
Weigh
Intuitive

More quotes by Nate Silver

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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 a lot of journal articles should really be blogs.
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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 actually buy the paper version of The New York Times maybe once or twice a week.
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Precise forecasts masquerade as accurate ones.
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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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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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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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If there's a major foreign policy event, the President gets on TV, the Congress doesn't.
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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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People have different ways of interpreting history.
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If I had a spreadsheet on my computer, it looked like I was busy.
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Basically, books were a luxury item before the printing press.
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You don't want to influence the same system you are trying to forecast.
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I have the same friends and the same bad habits.
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To my friends, I’m kind of sexually gay but ethnically straight.
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When human judgment and big data intersect there are some funny things that happen
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Accountability doesn't mean apologizing.
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People gravitate toward information that implies a happier outlook for them.
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