Quotes by Nate Silver - Page 3

A lot of journalism wants to have what they call objectivity without them having a commitment to pursuing the truth, but that doesn't work. Objectivity requires belief in and a commitment toward pursuing the truth - having an object outside of our personal point of view.
Nate Silver / Statistician
Belief
Commitment
Journalism
Objectivity
Point Of View
Views
Call
Object
Outside
Personal
Point
Pursuing
Requires
View
Toward
Wants
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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.
Nate Silver / Statistician
Movie
Cat
Data Collection
Twilight
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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.
Nate Silver / Statistician
Decline
Facts
Opposites
Thinking
Time Good Better
Opposite
Invest
Direction
Historically
Prone
Opposite Direction
Poll
Stock
Stock Market
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Expert estimates of probability are often off by factors of hundreds or thousands. [...] I used to be annoyed when the margin of error was high in a forecasting model that I might put together. Now I view it as perhaps the single most important piece of information that a forecaster provides. When we publish a forecast on FiveThirtyEight, I go to great lengths to document the uncertainty attached to it, even if the uncertainty is sufficiently large that the forecast won't make for punchy headlines.
Nate Silver / Statistician
Annoyed
Errors
Views
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Nate Silver Quotes - Page 3

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