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" The public is even more pessimistic about the economy than even the most bearish economists are. "
Nate Silver
Economists
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" 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
" The problem is that when polls are wrong, they tend to be wrong in the same direction. If they miss in New Hampshire, for instance, they all miss on the same mistake. "
Nate Silver
Problem
Direction
Wrong
" 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
" If there's a major foreign policy event, the President gets on TV, the Congress doesn't. "
Nate Silver
Policy
Foreign Policy
Event
" All I know is that I have way more stuff that I want to write about than I possibly have time to. "
Nate Silver
Time
Know
More
" You get steely nerves playing poker. "
Nate Silver
Nerves
Poker
You
" 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
" 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
" To be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.' "
Nate Silver
Like
You
Celebrity
" 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. "
Nate Silver
Yourself
Boring
Data
" Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge. "
Nate Silver
Noise
Both
Knowledge
" In baseball you have terrific data and you can be a lot more creative with it. "
Nate Silver
Baseball
Data
Lot
" 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
" I love South American food, and I haven't really been down there. I really need a vacation. "
Nate Silver
Need
Vacation
American
" First of all, I think it's odd that people who cover politics wouldn't have any political views. "
Nate Silver
Politics
Think
Political
" A lot of news is just entertainment masquerading as news. "
Nate Silver
Entertainment
Just
News
" Remember, the Congress doesn't get as many opportunities to make an impression with the public. "
Nate Silver
Congress
Get
Opportunities
" Well the way we perceive accuracy and what accuracy is statistically are really two different things. "
Nate Silver
Accuracy
Different
Two
" On average, people should be more skeptical when they see numbers. They should be more willing to play around with the data themselves. "
Nate Silver
More
Data
Play
" 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
" 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. "
Nate Silver
You
Time
People
" By playing games you can artificially speed up your learning curve to develop the right kind of thought processes. "
Nate Silver
Speed
You
Up
" 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
" Well, you know, you're not going to have 86 percent of Congress voted out of office. "
Nate Silver
Well
You
Know
" Basically, books were a luxury item before the printing press. "
Nate Silver
Books
Before
Luxury
" 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. "
Nate Silver
Financial
Choices
Situation
" We're living in a world where Google beats Gallup. "
Nate Silver
Where
World
Beats
" Race is still the No. 1 determinant in every election. "
Nate Silver
Still
Race
Every
" If I had a spreadsheet on my computer, it looked like I was busy. "
Nate Silver
Busy
Computer
Looked
" You don't want to treat any one person as oracular. "
Nate Silver
Treat
Any
Want