A Quote by Nate Silver

Precise forecasts masquerade as accurate ones. — © Nate Silver
Precise forecasts masquerade as accurate ones.
History may be accurate. But archaeology is precise.
Getting [cruise missiles] more accurate so that we can have precise precision.
Even good excuses, really good ones, don't help very much. Explanations, on the other hand, are both scarce and useful. And accurate forecasts and insightful intuition are priceless.
The Wii is fun, but nothing feels all that accurate or precise. I don't want to play an action game with controls that sloppy.
You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future of prices. And you should not expect much from pundits making long-term forecasts.
A potentially useful property of forecasts based on cointegration is that when extended some way ahead, the forecasts of the two series will form a constant ratio, as is expected by some asymptotic economic theory.
All decisions originate in the brain. So if we can better understand what's happening in the brain when we make investment decisions, maybe one day we'll be able to make more accurate financial forecasts - for a stock or even the entire market.
We know that, relative to GPS, radar is not as accurate - we'd be seeing our planes' precise positions in 3-D, not just approximate locations every eight seconds.
You have to be precise. You have to be specific, but you want to be accurate. That is first and foremost. You want to be on top of the story, but words do matter.
Forecasts vary in horizon, from a few seconds up to a few days in financial markets, compared to from one to several months for macro variables. We have to provide uncertainty intervals around the central forecasts to indicate the extent to which we are unclear about the future.
Physiology is the basis of all medical improvement and in precise proportion as our survey of it becomes more accurate and extended, it is rendered more solid.
Don't let anyone tell you that standardized tests are not accurate measures. The truth of the matter is they offer a remarkably precise method for gauging the size of the houses near the school where the test was administered.
Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.
I always like to think I build in historically accurate musical in-jokes that are so precise that like maybe there's 7 or 8 people in the world watching the show that will sit up and go, "Oh my God the music being played is the right kind of music!"
It's the cliches that cause the trouble. A precise emotion seeks a precise expression.
...A strange art – music – the most poetic and precise of all the arts, vague as a dream and precise as algebra.
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