A Quote by Charlie Munger

Don't confuse correlation and causation. Almost all great records eventually dwindle.

Charlie Munger

Quote Topics

Almost Almost All Causation Confuse Correlation Eventually Great Records

Quote Author

Charlie Munger
American - Businessman
Born: January 1, 1924

I'm very familiar with how people can confuse correlation with causation.

Tim Ferriss

If ... we choose a group of social phenomena with no antecedent knowledge of the causation or absence of causation among them, then the calculation of correlation coefficients, total or partial, will not advance us a step toward evaluating the importance of the causes at work.

Ronald Fisher

Correlation is not causation.

Kenneth L. Woodward

All too often when liberals cite statistics, they forget the statisticians' warning that correlation is not causation.

Thomas Sowell

I have never been in a bad mood and near a beach ball at the same time. Causation? Correlation? Or fate?

Demetri Martin

Correlation doesn’t imply causation, but it does waggle its eyebrows suggestively and gesture furtively while mouthing ‘look over there.’

Randall Munroe

We should be cautious about embracing data before it is published in the academic press, and must always avoid treating correlation as causation.

George Monbiot

The big mystery of Big Data is causation versus correlation.

Alexander Nix

While our energy efficiency is improving, there is a very high correlation, almost near perfect correlation, between GDP growth, and energy usage.

Malcolm Turnbull

I will not concede for a moment that old privileges should not dwindle. They cannot dwindle fast enough.

Anand Giridharadas

Biases and blind spots exist in big data as much as they do in individual perceptions and experiences. Yet there is a problematic belief that bigger data is always better data and that correlation is as good as causation.

Kate Crawford

Those who use 'Correlation is not the same as causation' as a magic incantation to dismiss all fact-using professions are fools holding a lit match in one hand and an open gas can in the other, screaming, 'One has nothing to do with the other!'

David Brin

There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.

Ray Dalio

Big data is great when you want to verify and quantify small data - as big data is all about seeking a correlation - small data about seeking the causation.

Martin Lindstrom

To my knowledge there are no good records that have been built by institutions run by committee. In almost all cases the great records are the product of individuals, perhaps working together, but always within a clearly defined framework. Their names are on the door and they are quite visible to the investing public. In reality outstanding records are made by dictators, hopefully benevolent, but nonetheless dictators.

Peter Cundill

Men need to be aware of the health of their bodies, as well - prostate cancer and breast cancer are almost on the same level. It's fascinating to me that the correlation between the two is almost the same - people don't talk about it so much, but they are almost equal in numbers.

Olivia Newton-John

A Quote by Charlie Munger

Quote Topics

Quote Author

Related Quotes

Related Authors