Probability Quotes

"The first step is to establish that something is possible; then probability will occur." "We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events" "Risk means more things can happen than will happen " "People don't know about risk, uncertainty, and surety" "The consequences of an act affect the probability of its occurring again" "When you depart from standard probability, you completely lose track of its limits" "Reality is not always probable or likely." "The simplest explanation is always the most likely." "Luck is mere statistical flukes." "The race is not always to the swift nor the battle to the strong, but that's how the smart money bets." "The essence of life is statistical improbability on a colossal scale." "It is grindingly, creakingly, crashingly obvious that if Darwinism were really a theory of chance, it could not work." "The fooled-by-randomness effect applies to both the forecasters and those misled by their forecasts" "You cannot make a living by predicting things; only by betting"