Probability Quotes
You want to have them do the annual inspection when there's the highest probability of finding termites. Generally that means in the spring.
- Roger Gold
You have something called ALE: average loss expectancy. You multiply the probability of an event happening with the amount of damage you'll incur, and that'll tell you how much to spend on security. When you deal with events that have a very, very high damage [amount], and a very, very low probability of occurrence, you multiply infinity by zero and get whatever you want.
- Bruce Schneier
Yes, I think it's going to be a fantastic buy. I think we're going to pack the whole year's Super Bowl rate-of-gain, which tend to average 16 percent during the last 18 years, compound annual growth of the S&P 500, 16 percent a year. We've had zero so far and the outlook is improving very, very significantly for the worst worry that people have had. And that is the Fed rate-hiking. It really looks like the probability is increasing dramatically that the Fed rate hikes are over and inflation pressure is in check. And as that continues to happen through year-end, we can get a fantastic rally, 15 to 20 percent on the S&P 500 in three months.
- Robert Robbins
Whether a person feels positive or not is kind of a comment on their personality and of no great interest. You can find positive signs or you can find negative signs. How you evaluate them depends on something that happened in your life recently or something like that. There's no objective way to do it. The important thing is you try to commit yourself to making the positive signs more real. Suppose you felt that there's 99 percent of a probability that human civilization is going to be destroyed in the next hundred years, but one percent chance it won't be, and that one percent offers some opportunities to do something. Well, you commit yourself to that one percent.
- Avram Noam Chomsky
Page 1 of 30