A Quote by Barry Ritholtz

Whenever I see a forecast written out to two decimal places, I cannot help but wonder if there is a misunderstanding of the limitations of the data, and an illusion of precision.
Ten decimal places of ? are sufficient to give the circumference of the earth to a fraction of an inch, and thirty decimal places would give the circumference of the visible universe to a quantity imperceptible to the most powerful microscope.
When you look in the mirror, what do you see? Do you see the real you, or what you have been conditioned to believe is you? The two are so, so different. One is an infinite consciousness capable of being and creating whatever it chooses, the other is an illusion imprisoned by its own perceived and programmed limitations.
In contrast to a dream a reverie cannot be recounted. To be communicated, it must be written, written with emotion and taste, being relived all the more strongly because it is being written down. Here, we are touching the realm of written love. It is going out of fashion, but the benefits remain. There are still souls for whom love is the contact of two poetries, the fusion of two reveries.
Whenever we give help, we unfailingly see that the answer to all our needs is already within the very situation we think is hurting us. By becoming totally open and harmless, we see that there is no one who cannot help us and no instant when we are not surrounded by God's love and His guiding presence.
The weather records of the U.S.A. are the best kept and most accessible in the world, thanks to consistent government/military taxpayer support. There are longer European data sets, but the U.S.A. data is enough to forecast major extreme events.
Like Netflix, Looker started as nothing more than an idea. Lloyd Tabb and Ben Porterfield were two brilliant engineers who had figured out a better way for businesses to see and analyze their data, and they asked me to join them to help out with the ABCs - that's short for Anything But Coding.
I always say when you see that old black-and-white footage of the rocket on the launch pad and it falls over and explodes, that's because people had slide rules. Not having the decimal point is a real drawback. You want the decimal point, take it from me.
Go out and collect data and, instead of having the answer, just look at the data and see if the data tells you anything. When we're allowed to do this with companies, it's almost magical.
Knowledge about limitations of your data collection process affects what inferences you can draw from the data.
The weaker the data available upon which to base one's conclusion, the greater the precision which should be quoted in order to give the data authenticity.
What is illusion? M.: To whom is the illusion? Find it out. Then illusion will vanish. Generally people want to know about illusion and do not examine to whom it is. It is foolish. Illusion is outside and unknown. But the seeker is considered to be known and is inside. Find out what is immediate, intimate, instead of trying to find out what is distant and unknown.
Ive said its a little bit like a magician performing for a convention of magicians... all the magicians in the audience watching this illusion-Do they see the illusion, or do they see the device that made the illusion? Probably they see a little of both.
I think film cannot only teleport you to places you don't know, but it can help you see people you thought were one way and in fact are another. They can allow us to examine ourselves.
The great human problem of evil stems from the illusion of separateness. Whenever this illusion is overcome, we behave lovingly to one another.
You cannot bring about prosperity by discouraging thrift. You cannot help small men by tearing down big men. You cannot strengthen the weak by weakening the strong. You cannot lift the wage-earner by pulling down the wage-payer. You cannot help the poor man by destroying the rich. You cannot keep out of trouble by spending
I believe that only short-term price swings can be predicted with any precision. The accuracy of a prediction drops off dramatically, the more distant the forecast time. I'm a strong believer in chaos theory.
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