First of all, I think it's odd that people who cover politics wouldn't have any political views.
Nate SilverData-driven predictions can succeed-and they can fail. It is when we deny our role in the process that the odds of failure rise. Before we demand more of our data, we need to demand more of ourselves.
Nate SilverNot only does political coverage often lose the signalโit frequently accentuates the noise.
Nate SilverIf you have reason to think that yesterday's forecast went wrong, there is no glory in sticking to it.
Nate SilverI 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 SilverI love South American food, and I haven't really been down there. I really need a vacation.
Nate SilverWe'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 SilverWe want to get 80%-85% of predictions right, not 100%. Or else we calibrated our estimates in the wrong way.
Nate SilverThe public is even more pessimistic about the economy than even the most bearish economists are.
Nate SilverIf 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 SilverI know it's cheaper to fund an op-ed columnist than a team of reporters, but I think it confuses the mission of what these great journalistic brands are about.
Nate SilverAlmost everyone's instinct is to be overconfident and read way too much into a hot or cold streak.
Nate SilverPeople 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 SilverOne of the pervasive risks that we face in the information age, as I wrote in the introduction, is that even if the amount of knowledge in the world is increasing, the gap between what we know and what we think we know may be widening.
Nate SilverDistinguishing 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.
Nate SilverWhen you get into statistical analysis, you don't really expect to achieve fame. Or to become an Internet meme. Or be parodied by 'The Onion' - or be the subject of a cartoon in 'The New Yorker.' I guess I'm kind of an outlier there.
Nate SilverThe key to making a good forecast is not in limiting yourself to quantitative information.
Nate SilverI have to think about how to not spread myself too thin. It's a really great problem to have.
Nate SilverTo be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.'
Nate SilverI don't play fantasy baseball anymore now because it's too much work, and I feel like I have to hold myself up to such a high standard. I'm pretty serious about my fantasy football, though.
Nate SilverI 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 SilverActually, 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 SilverWhenever 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 SilverOn average, people should be more skeptical when they see numbers. They should be more willing to play around with the data themselves.
Nate SilverAny one game in baseball doesn't tell you that much, just as any one poll doesn't tell you that much.
Nate Silver