Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Nate Silver Quotes: ...the ratings agencies' problem was in being unable or uninterested in appreciating the distinction between risk and uncertainty.
         

...the ratings agencies' problem was in being unable or uninterested in appreciating the distinction between risk and uncertainty.


Nate Silver
Check all other quotes by Nate Silver

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





...the ratings agencies' problem was in being unable or uninterested in appreciating the distinction between risk and uncertainty.
         



Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Nate Silver Quotes." Quoteslyfe.com, 2024. Sat. 16 Nov. 2024. <https://www.quoteslyfe.com/quote/the-ratings-agencies-problem-was-in-being-240358>.





Check out


Other quotes of Nate Silver


There's always the risk that there are unknown unknowns.

There's always the risk that there are unknown unknowns.



Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak.

Almost everyone's instinct is to be overconfident and read way too much into a hot or cold streak.



We'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.

We'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.



New ideas are sometimes found in the most granular details of a problem where few others bother to look.

New ideas are sometimes found in the most granular details of a problem where few others bother to look.



We must become more comfortable with probability and uncertainty.

We must become more comfortable with probability and uncertainty.



Success makes you less intimidated by things.

Success makes you less intimidated by things.



The quest for certainty in forecasting outcomes can be the enemy of progress.

The quest for certainty in forecasting outcomes can be the enemy of progress.



When human judgment and big data intersect there are some funny things that happen

When human judgment and big data intersect there are some funny things that happen



Data scientist is just a sexed up word for statistician.

Data scientist is just a sexed up word for statistician.



On average, people should be more skeptical when they see numbers. They should be more willing to play around with the data themselves.

On average, people should be more skeptical when they see numbers. They should be more willing to play around with the data themselves.





Other quotes you may like



May my thoughts of kindness stretch over like a warm blanket to envelop your being and caress your soul.

May my thoughts of kindness stretch over like a warm blanket to envelop your being and caress your soul.



It's essential you create a fiery will from within--harness that power of decisiveness--and choose to be your strongest self.

It's essential you create a fiery will from within--harness that power of decisiveness--and choose to be your strongest self.



Justice in the life and conduct of the State is possible only as first it resides in the hearts and souls of the citizens.

Justice in the life and conduct of the State is possible only as first it resides in the hearts and souls of the citizens.



When you say that something is impossible, you have made it impossible.

When you say that something is impossible, you have made it impossible.



I was a bike rider, a photographer and a history student, probably in that order. (On his early years)

I was a bike rider, a photographer and a history student, probably in that order. (On his early years)



In America, we're in a divided country.

In America, we're in a divided country.



I will be dust, but dust in love

I will be dust, but dust in love



Halliburton is not a 'company' doing business in Iraq. It is a war profiteer, bilking millions from the pockets of average Americans. In past wars they would have been arrested – or worse.

Halliburton is not a 'company' doing business in Iraq. It is a war profiteer, bilking millions from the pockets of average Americans. In past wars they would have been arrested – or worse.



I'm a drummer. I can count to four and repeat.

I'm a drummer. I can count to four and repeat.




Quote Description


This page presents the quote "...the ratings agencies' problem was in being unable or uninterested in appreciating the distinction between risk and uncertainty.". Author of this quote is Nate Silver. This quote is about ratings, uncertainty, prediction, risk,.