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Nassim Nicholas Taleb
: The more data we have, the more likely we are to drown in it.
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Nassim Nicholas Taleb quote-The more data we have, the more likely we are to drown in...
Wisdom feed seeded by this
quote
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George V Higgins :
"
Data is what distinguishes the dilettante from the artist.
"
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Source Unknown :
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To write it, it took three months; to conceive it --three minutes; to collect the data in it --all my life.
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10
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Robert Heinlein :
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To get anywhere, or even live a long time, a man has to guess, and guess right, over and over again, without enough data for a logical answer.
"
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Sherlock Holmes :
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The temptation to form premature theories upon insufficient data is the bane of our profession.
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Louis-Ferdinand Céline :
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"Amidst so many unstable theories, so much contradictory data, the reasonable thing, when it comes down to it, is to make no definite choice."
"
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Italo Calvino :
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Biographical data, even those recorded in the public registers, are the most private things one has, and to declare them openly is rather like facing a psychoanalyst.
"
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Vladimir Ilyich Lenin :
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Tsar Nicholas the Bloody, who has dispersed the First and Second Dumas, who has drowned Russia in blood, enslaved Poland and Finland, and is in alliance with out—and-out reactionaries conducting a policy of stifling the Jews and all “aliens”, the tsar whose loyal friends shot down the workers on the Lena and ruined the peasants to the point of starvation all over Russia—that tsar pretends to be the champion of Slav independence and freedom!"
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Gerhard Kocher :
"
Soft data, hard conflicts.
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Arthur Ransome :
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BETTER DROWNED THAN DUFFERS IF NOT DUFFERS WON'T DROWN.
"
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7
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Thomas Fuller :
"
Bacchus hath drowned more men than Neptune.
"
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Nassim Nicholas Taleb Wisdom feed
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Nassim Nicholas Taleb:
"
My major hobby is teasing people who take themselves and the quality of their knowledge too seriously and those who don’t have the guts to sometimes say: I don’t know....
"
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Nassim Nicholas Taleb:
"
It does not matter how frequently something succeeds if failure is too costly to bear.
"
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Nassim Nicholas Taleb:
"
Unlike a well-defined, precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality.
"
# Risk
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Nassim Nicholas Taleb:
"
A mistake is not something to be determined after the fact, but in the light of the information until that point.
"
# Mistakes
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Nassim Nicholas Taleb:
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I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
"
# Nations
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Nassim Nicholas Taleb:
"
I try to make money infrequently, as infrequently as possible simply because I believe that rare events are not fairly valued, and that the rarer the event, the more undervalued it will be in price.
"
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Be First To
Nassim Nicholas Taleb:
"
The more data we have, the more likely we are to drown in it.
"
# Information
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Nassim Nicholas Taleb:
"
At no point during his ordeal did Nero think of himself as 72% alive and 28% dead.
"
# Death and Dying
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Nassim Nicholas Taleb:
"
Science evolves from funeral to funeral.
"
# Science and Scientists
# Funerals
# Death and Dying
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Nassim Nicholas Taleb:
"
Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.
"
# Belief
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# Motivation
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![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112053&author=Nassim Nicholas Taleb"e=The+more+data+we+have%2C+the+more+likely+we+are+to+drown+in+it.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=27151&author=George V Higgins"e=++Data+is+what+distinguishes+the+dilettante+from+the+artist.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F1373%2FGeorge+V+Higgins_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=27158&author=Source Unknown"e=++To+write+it%2C+it+took+three+months%3B+to+conceive+it+--three+minutes%3B+to+collect+the+data+in+it+--all+my+life.&image=http%3A%2F%2Fwww.iwise.com%2Fimages_web%2Fauthor_no_icon.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=33091&author=Robert Heinlein"e=++To+get+anywhere%2C+or+even+live+a+long+time%2C+a+man+has+to+guess%2C+and+guess+right%2C+over+and+over+again%2C+without+enough+data+for+a+logical+answer.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F581%2FRobert_Heinlein_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=34571&author=Sherlock Holmes"e=++The+temptation+to+form+premature+theories+upon+insufficient+data+is+the+bane+of+our+profession.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F3771%2FSherlock_Holmes_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=74439&author=Louis-Ferdinand Céline"e=%22Amidst+so+many+unstable+theories%2C+so+much+contradictory+data%2C+the+reasonable+thing%2C+when+it+comes+down+to+it%2C+is+to+make+no+definite+choice.%22&image=http%3A%2F%2Fwww.iwise.com%2Fimages_web%2Fauthor_no_icon.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=23849&author=Italo Calvino"e=++Biographical+data%2C+even+those+recorded+in+the+public+registers%2C+are+the+most+private+things+one+has%2C+and+to+declare+them+openly+is+rather+like+facing+a+psychoanalyst.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F71%2FItalo_Calvino_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=94906&author=Vladimir Ilyich Lenin"e=Tsar+Nicholas+the+Bloody%2C+who+has+dispersed+the+First+and+Second+Dumas%2C+who+has+drowned+Russia+in+blood%2C+enslaved+Poland+and+Finland%2C+and+is+in+alliance+with+out%E2%80%94and-out+reactionaries+conducting+a+policy+of+stifling+the+Jews+and+all+%E2%80%9Caliens%E2%80%9D%2C+the+tsar+whose+loyal+friends+shot+down+the+workers+on+the+Lena+and+ruined+the+peasants+to+the+point+of+starvation+all+over+Russia%E2%80%94that+tsar+pretends+to+be+the+champion+of+Slav+independence+and+freedom%21%22%0A&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F2392%2FVladimir+Ilyich_Lenin_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=43059&author=Gerhard Kocher"e=++Soft+data%2C+hard+conflicts.++&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F7950%2FGerhard_Kocher_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=105774&author=Arthur Ransome"e=BETTER+DROWNED+THAN+DUFFERS+IF+NOT+DUFFERS+WON%27T+DROWN.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F14902%2FArthur_Ransome_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=46334&author=Thomas Fuller"e=Bacchus+hath+drowned+more+men+than+Neptune.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F167%2FThomas_Fuller_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112047&author=Nassim Nicholas Taleb"e=My+major+hobby+is+teasing+people+who+take+themselves+and+the+quality+of+their+knowledge+too+seriously+and+those+who+don%E2%80%99t+have+the+guts+to+sometimes+say%3A+I+don%E2%80%99t+know....%0A&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112048&author=Nassim Nicholas Taleb"e=It+does+not+matter+how+frequently+something+succeeds+if+failure+is+too+costly+to+bear.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112049&author=Nassim Nicholas Taleb"e=Unlike+a+well-defined%2C+precise+game+like+Russian+roulette%2C+where+the+risks+are+visible+to+anyone+capable+of+multiplying+and+dividing+by+six%2C+one+does+not+observe+the+barrel+of+reality.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112050&author=Nassim Nicholas Taleb"e=A+mistake+is+not+something+to+be+determined+after+the+fact%2C+but+in+the+light+of+the+information+until+that+point.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112051&author=Nassim Nicholas Taleb"e=I+always+remind+myself+that+what+one+observes+is+at+best+a+combination+of+variance+and+returns%2C+not+just+returns.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112052&author=Nassim Nicholas Taleb"e=I+try+to+make+money+infrequently%2C+as+infrequently+as+possible+simply+because+I+believe+that+rare+events+are+not+fairly+valued%2C+and+that+the+rarer+the+event%2C+the+more+undervalued+it+will+be+in+price.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112054&author=Nassim Nicholas Taleb"e=At+no+point+during+his+ordeal+did+Nero+think+of+himself+as+72%25+alive+and+28%25+dead.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112055&author=Nassim Nicholas Taleb"e=Science+evolves+from+funeral+to+funeral.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}
![Powerpoint](http://www.iwise.com/downloadPPT.php?quote_id=112056&author=Nassim Nicholas Taleb"e=Probability+is+not+about+the+odds%2C+but+about+the+belief+in+the+existence+of+an+alternative+outcome%2C+cause%2C+or+motive.&image=http%3A%2F%2Fwww.iwise.com%2FauthorIcons%2F15165%2FNassim+Nicholas_Taleb_64x64.png){kind=link}