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" Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge. "
Nate Silver
Noise
Both
Knowledge
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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. "
Nate Silver
Human
Sure
Time
" The thing that people associate with expertise, authoritativeness, kind of with a capital 'A,' don't correlate very well with who's actually good at making predictions. "
Nate Silver
Expertise
Good
Kind
" When you try to predict future E.R.A.'s with past E.R.A.'s, you're making a mistake. "
Nate Silver
Predict
Mistake
You
" Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak. "
Nate Silver
Much
Cold
Hot
" 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
Better
Good
Direction
" Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in its entire print collection, right? But most of it is like cat videos on YouTube or 13-year-olds exchanging text messages about the next Twilight movie. "
Nate Silver
Every Day
Library
Three
" I love South American food, and I haven't really been down there. I really need a vacation. "
Nate Silver
Need
Vacation
American
" I have the same friends and the same bad habits. "
Nate Silver
Habits
Bad
Bad Habits
" 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
Truth
Commitment
Work
" We're not that much smarter than we used to be, even though we have much more information - and that means the real skill now is learning how to pick out the useful information from all this noise. "
Nate Silver
Now
Skill
Real
" I think punditry serves no purpose. "
Nate Silver
Purpose
I Think
Think
" Any one game in baseball doesn't tell you that much, just as any one poll doesn't tell you that much. "
Nate Silver
Much
You
Tell
" Every four years in the presidential election, some new precedent is broken. "
Nate Silver
New
Years
Some
" To be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.' "
Nate Silver
Like
You
Celebrity
" Race is still the No. 1 determinant in every election. "
Nate Silver
Still
Race
Every
" We want to get 80%-85% of predictions right, not 100%. Or else we calibrated our estimates in the wrong way. "
Nate Silver
Right
Way
Want
" I'm a pro-horserace guy. "
Nate Silver
Guy
" I'm not trying to do anything too tricky. "
Nate Silver
Anything
Trying
Tricky
" I think people feel like there are all these things in our lives that we don't really have control over. "
Nate Silver
Like
Think
Feel
" The public is even more pessimistic about the economy than even the most bearish economists are. "
Nate Silver
Economists
More
Most
" 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
Know
Light
Information
" Whenever you have dynamic interactions between 300 million people and the American economy acting in really complex ways, that introduces a degree of almost chaos theory to the system, in a literal sense. "
Nate Silver
People
Acting
You
" Well, you know, you're not going to have 86 percent of Congress voted out of office. "
Nate Silver
Well
You
Know
" Walk rate is probably the area in which a pitcher has the most room to improve, but a rate that high is tough to overcome. "
Nate Silver
Tough
Improve
Walk
" People gravitate toward information that implies a happier outlook for them. "
Nate Silver
Information
Happier
People
" I guess I don't like the people in politics very much, to be blunt. "
Nate Silver
Politics
People
Much
" In baseball you have terrific data and you can be a lot more creative with it. "
Nate Silver
Baseball
Data
Lot
" Midterm elections can be dreadfully boring, unfortunately. "
Nate Silver
Elections
Unfortunately
Boring
" You don't want to treat any one person as oracular. "
Nate Silver
Treat
Any
Want
" I actually buy the paper version of The New York Times maybe once or twice a week. "
Nate Silver
New York
New
Maybe