To My Friends, I’m Kind Of Sexually

People Have Different Ways Of Interpreting History.

If The State Polls Are Right, Then Mr. Obama Will Win The Electoral College. If You Can't Acknowledge That After A Day When Mr. Obama Leads 19 Out Of 20 Swing-state Polls, Then You Should Abandon The Pretense That Your Goal Is To Inform Rather Than Entertain The Public.

Expert Estimates Of Probability Are Often Off By Factors Of Hundreds Or Thousands. [...] I Used To Be Annoyed When The Margin Of Error Was High In A Forecasting Model That I Might Put Together. Now I View It As Perhaps The Single Most Important Piece Of Information That A Forecaster Provides. When We Publish A Forecast On Fivethirtyeight, I Go To Great Lengths To Document The Uncertainty Attached To It, Even If The Uncertainty Is Sufficiently Large That The Forecast Won't Make For Punchy Headlines.

The Signal Is The Truth. The Noise Is What Distracts Us From The Truth.

Almost Everyone's Instinct Is To Be Overconfident And Read Way Too Much Into A Hot Or Cold Streak.