Superforecasting Quotes

“If you don’t get this elementary, but mildly unnatural, mathematics of elementary probability into your repertoire, then you go through a long life like a one-legged man in an ass-kicking contest.”
― Charles T. Munger, Superforecasting: The Art and Science of Prediction

“For superforecasters, beliefs are hypotheses to be tested, not treasures to be guarded.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“For scientists, not knowing is exciting. It’s an opportunity to discover; the more that is unknown, the greater the opportunity.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Consensus is not always good; disagreement not always bad. If you do happen to agree, don’t take that agreement—in itself—as proof that you are right. Never stop doubting.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“It is wise to take admissions of uncertainty seriously,” Daniel Kahneman noted, “but declarations of high confidence mainly tell you that an individual has constructed a coherent story in his mind, not necessarily that the story is true.”
― Philip E. Tetlock, Superforecasting: The Art and Science of Prediction

“Churchill sent Keynes a cable reading, ‘Am coming around to your point of view.’ His Lordship replied, ‘Sorry to hear it. Have started to change my mind.’ ”7”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“If you have to plan for a future beyond the forecasting horizon, plan for surprise. That means, as Danzig advises, planning for adaptability and resilience.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function,” F. Scott Fitzgerald”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“It’s very hard to master and if you’re not learning all the time, you will fail. That being said, humility in the face of the game is extremely different than humility in the face of your opponents.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“It was the absence of doubt—and scientific rigor—that made medicine unscientific and caused it to stagnate for so long.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“It follows that the goal of forecasting is not to see what’s coming. It is to advance the interests of the forecaster and the forecaster’s tribe.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Knowing what we don’t know is better than thinking we know what we don’t.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Fuzzy thinking can never be proven wrong. And only when we are proven wrong so clearly that we can no longer deny it to ourselves will we adjust our mental models of the world—producing a clearer picture of reality. Forecast, measure, revise: it is the surest path to seeing better.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“There is no divinely mandated link between morality and competence.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Suppose someone says, “Unfortunately, the popularity of soccer, the world’s favorite pastime, is starting to decline.” You suspect he is wrong. How do you question the claim? Don’t even think of taking a personal shot like “You’re silly.” That only adds heat, not light. “I don’t think so” only expresses disagreement without delving into why you disagree. “What do you mean?” lowers the emotional temperature with a question but it’s much too vague. Zero in. You might say, “What do you mean by ‘pastime’?” or “What evidence is there that soccer’s popularity is declining? Over what time frame?” The answers to these precise questions won’t settle the matter, but they will reveal the thinking behind the conclusion so it can be probed and tested. Since Socrates, good teachers have practiced precision questioning, but still it’s often not used when it’s needed most. Imagine how events might have gone if the Kennedy team had engaged in precision questioning when planning the Bay of Pigs invasion: “So what happens if they’re attacked and the plan falls apart?” “They retreat into the Escambray Mountains, where they can meet up with other anti-Castro forces and plan guerrilla operations.” “How far is it from the proposed landing site in the Bay of Pigs to the Escambray Mountains?” “Eighty miles.” “And what’s the terrain?” “Mostly swamp and jungle.” “So the guerrillas have been attacked. The plan has fallen apart. They don’t have helicopters or tanks. But they have to cross eighty miles of swamp and jungle before they can begin to look for shelter in the mountains? Is that correct?” I suspect that this conversation would not have concluded “sounds good!” Questioning like that didn’t happen, so Kennedy’s first major decision as president was a fiasco. The lesson was learned, resulting in the robust but respectful debates of the Cuban missile crisis—which exemplified the spirit we encouraged among our forecasters.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Foresight isn’t a mysterious gift bestowed at birth. It is the product of particular ways of thinking, of gathering information, of updating beliefs. These habits of thought can be learned and cultivated by any intelligent, thoughtful, determined person.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Be careful about making assumptions of expertise, ask experts if you can find them, reexamine your assumptions from time to time.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“All models are wrong,” the statistician George Box observed, “but some are useful.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“the facts change, I change my mind.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“They aren’t gurus or oracles with the power to peer decades into the future, but they do have a real, measurable skill at judging how high-stakes events are likely to unfold three months, six months, a year, or a year and a half in advance. The other conclusion is what makes these superforecasters so good. It’s not really who they are. It is what they do. Foresight isn’t a mysterious gift bestowed at birth. It is the product of particular ways of thinking, of gathering information, of updating beliefs.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“And yet this stagnation is a big reason why I am an optimistic skeptic. We know that in so much of what people want to predict—politics, economics, finance, business, technology, daily life—predictability exists, to some degree, in some circumstances. But there is so much else we do not know.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“In the EPJ results, there were two statistically distinguishable groups of experts. The first failed to do better than random guessing, and in their longer-range forecasts even managed to lose to the chimp. The second group beat the chimp, though not by a wide margin, and they still had plenty of reason to be humble. Indeed, they only barely beat simple algorithms like “always predict no change” or “predict the recent rate of change.” Still, however modest their foresight was, they had some. So why did one group do better than the other? It wasn’t whether they had PhDs or access to classified information. Nor was it what they thought—whether they were liberals or conservatives, optimists or pessimists. The critical factor was how they thought. One group tended to organize their thinking around Big Ideas, although they didn’t agree on which Big Ideas were true or false. Some were environmental doomsters (“We’re running out of everything”); others were cornucopian boomsters (“We can find cost-effective substitutes for everything”). Some were socialists (who favored state control of the commanding heights of the economy); others were free-market fundamentalists (who wanted to minimize regulation). As ideologically diverse as they were, they were united by the fact that their thinking was so ideological. They sought to squeeze complex problems into the preferred cause-effect templates and treated what did not fit as irrelevant distractions. Allergic to wishy-washy answers, they kept pushing their analyses to the limit (and then some), using terms like “furthermore” and “moreover” while piling up reasons why they were right and others wrong. As a result, they were unusually confident and likelier to declare things “impossible” or “certain.” Committed to their conclusions, they were reluctant to change their minds even when their predictions clearly failed. They would tell us, “Just wait.” The other group consisted of more pragmatic experts who drew on many analytical tools, with the choice of tool hinging on the particular problem they faced. These experts gathered as much information from as many sources as they could. When thinking, they often shifted mental gears, sprinkling their speech with transition markers such as “however,” “but,” “although,” and “on the other hand.” They talked about possibilities and probabilities, not certainties. And while no one likes to say “I was wrong,” these experts more readily admitted it and changed their minds. Decades ago, the philosopher Isaiah Berlin wrote a much-acclaimed but rarely read essay that compared the styles of thinking of great authors through the ages. To organize his observations, he drew on a scrap of 2,500-year-old Greek poetry attributed to the warrior-poet Archilochus: “The fox knows many things but the hedgehog knows one big thing.” No one will ever know whether Archilochus was on the side of the fox or the hedgehog but Berlin favored foxes. I felt no need to take sides. I just liked the metaphor because it captured something deep in my data. I dubbed the Big Idea experts “hedgehogs” and the more eclectic experts “foxes.” Foxes beat hedgehogs. And the foxes didn’t just win by acting like chickens, playing it safe with 60% and 70% forecasts where hedgehogs boldly went with 90% and 100%. Foxes beat hedgehogs on both calibration and resolution. Foxes had real foresight. Hedgehogs didn’t.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Unpack the question into components. Distinguish as sharply as you can between the known and unknown and leave no assumptions unscrutinized. Adopt the outside view and put the problem into a comparative perspective that downplays its uniqueness and treats it as a special case of a wider class of phenomena. Then adopt the inside view that plays up the uniqueness of the problem. Also explore the similarities and differences between your views and those of others—and pay special attention to prediction markets and other methods of extracting wisdom from crowds. Synthesize all these different views into a single vision as acute as that of a dragonfly. Finally, express your judgment as precisely as you can, using a finely grained scale of probability.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“I have been struck by how important measurement is to improving the human condition,” Bill Gates wrote. “You can achieve incredible progress if you set a clear goal and find a measure that will drive progress toward that goal….This may seem basic, but it is amazing how often it is not done and how hard it is to get right.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Here’s a very simple example,” says Annie Duke, an elite professional poker player, winner of the World Series of Poker, and a former PhD-level student of psychology. “Everyone who plays poker knows you can either fold, call, or raise [a bet]. So what will happen is that when a player who isn’t an expert sees another player raise, they automatically assume that that player is strong, as if the size of the bet is somehow correlated at one with the strength of the other person’s hand.” This is a mistake.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Not knowing is exciting. It's an opportunity to discover.”
― Philip E. Tetlock, Superforecasting: The Art and Science of Prediction

“The ultimate goal of science is uncertainty’s total eradication.”
― Philip E. Tetlock, Superforecasting: The Art and Science of Prediction

“In describing how we think and decide, modern psychologists often deploy a dual-system model that partitions our mental universe into two domains. System 2 is the familiar realm of conscious thought. It consists of everything we choose to focus on. By contrast, System 1 is largely a stranger to us. It is the realm of automatic perceptual and cognitive operations—like those you are running right now to transform the print on this page into a meaningful sentence or to hold the book while reaching for a glass and taking a sip. We have no awareness of these rapid-fire processes but we could not function without them. We would shut down.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“success can lead to acclaim that can undermine the habits of mind that produced the success.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction

“Forget the old advice to think twice. Superforecasters often think thrice—and sometimes they are just warming up to do a deeper-dive analysis.”
― Philip Tetlock, Superforecasting: The Art and Science of Prediction