While most of us are comfortable acknowledging that luck plays a role in what we do, we have difficulty assessing its role after the fact. Once something has occurred and we can put together a story to explain it, it starts to seem like the outcome was predestined. Statistics don't appeal to our need to understand cause and effect, which is why they are so frequently ignored or misinterpreted. Stories, on the other hand, are a rich means to communicate precisely because they emphasize cause and effect. . Michael J. Mauboussin
Statistically speaking, there is a 65 percent chance that the love of your life is having an affair. Be very suspicious.
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Scott Dikkers
A recent survey or North American males found 42% were overweight, 34% were critically obese and 8% ate the survey.
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Banksy
I couldn't claim that I was smarter than sixty-five other guys--but the average of sixty-five other guys, certainly!
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Richard Feynman
All statistics have outliers.
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Nenia Campbell
There are three types of lies -- lies, damn lies, and statistics.
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Benjamin Disraeli
More Quotes By Michael J. Mauboussin
While most of us are comfortable acknowledging that luck plays a role in what we do, we have difficulty assessing its role after the fact. Once something has occurred and we can put together a story to explain it, it starts to seem like the...