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Old 10-26-2012, 11:10 PM
Location: Pluto's Home Town
9,986 posts, read 12,749,697 times
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Seems to me that Nate Silver is achieving near mythic status this season for his quantitative wizardry. He may end up being the Carl Sagan of statisticians, a guy who is good with the how of numbers, but also with the why. If he is successful in predicting this election, I suspect we will be seeing far more quants moving into the market to cut into his share.

Seems fair. The main thing will be that quants cannot be a priori partisans, which is absolutely anathema to their probabilistic thinking. No, these folks are not like Karl Rove, a guy who is good with numbers, but is also a master at spinning false narratives. It will be interesting to see if these folks set up shop and can remain their independence and credibility.
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