Books by Nate Silver, The Signal and the Noise: Why So Many Predictions Fail - But Some Don't
Quotes by Nate Silver, The Signal and the Noise: Why So Many Predictions Fail - But Some Don'tMore books by Nate Silver, The Signal and the Noise: Why So Many Predictions Fail - But Some Don't on Amazon →
"Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy."
"Distinguishing the signal from the noise requires both scientific knowledge and self-knowledge: the serenity to accept the things we cannot predict, the courage to predict the things we can, and the wisdom to know the difference."