Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance. (Nassim Nicholas Taleb)

Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.

Nassim Nicholas Taleb

Related topics

acceptance certainty computation dealing development dice ignorance knowledge lack mere odds probability

Related quotes

If scientific reasoning were limited to the logical processes of arithmetic, we should not get very far in our understanding of the physical world. One might as well attempt to grasp the game of poker entirely by the use of the mathematics of probability.

Vannevar Bush

The only knowledge that can truly orient action is knowledge that frees itself from mere human interests and is based in Ideas-in other words knowledge that has taken a theoretical attitude.

Jürgen Habermas

Books . . . are like lobster shells, we surround ourselves with 'em, then we grow out of 'em and leave 'em behind, as evidence of our earlier stages of development.

Dorothy L. Sayers

Operations in Iraq and Afghanistan and the war on terrorism have reduced the pace of military transformation and have revealed our lack of preparation for defensive and stability operations. This Administration has overextended our military.

Barack Obama

If God has made the world a perfect mechanism, He has at least conceded so much to our imperfect intellect that in order to predict little parts of it, we need not solve innumerable differential equations, but can use dice with fair success.

Max Born