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Probability Quotes

"The consequences of an act affect the probability of its occurring again"

"Faith may be defined briefly as an illogical belief in the occurrence of the improbable"

"You cannot make a living by predicting things; only by betting"

"The first step is to establish that something is possible; then probability will occur."

"The simplest explanation is always the most likely."

"I long ago came to the conclusion that all life is 6 to 5 against."

"When you depart from standard probability, you completely lose track of its limits"

"People don't know about risk, uncertainty, and surety"

"Reality is not always probable or likely."

"Luck is mere statistical flukes."

"It is grindingly, creakingly, crashingly obvious that if Darwinism were really a theory of chance, it could not work."

"Risk means more things can happen than will happen "

"The race is not always to the swift nor the battle to the strong, but that's how the smart money bets."

"Fooled by randomness is a common investor mistake"

"We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events"

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