Probability Quotes

In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.

The consequences of an act affect the probability of it's occurring again.

I don't believe in providence and fate, as a technologist I am used to reckoning with the formulae of probability.

They were being driven to a prison, through no fault of their own, in all probability for life. In comparison, how much easier it would be to walk to the gallows than to this tomb of living horrors!

The scientific imagination always restrains itself within the limits of probability.

We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.

Life is a school of probability.

Probability is expectation founded upon partial knowledge. A perfect acquaintance with all the circumstances affecting the occurrence of an event would change expectation into certainty, and leave nether room nor demand for a theory of probabilities.