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You don't want to influence the same system you are trying to forecast.
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
Influence
System
Trying
Forecast
Forecasts
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I don't think you should limit what you read.
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Plenty of pundits have really high IQs, but they don't have any discipline in how they look at the world, and so it leads to a lot of bullshit, basically.
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When human judgment and big data intersect there are some funny things that happen
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I think a lot of journal articles should really be blogs.
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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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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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New ideas are sometimes found in the most granular details of a problem where few others bother to look.
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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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