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Law Quotes

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Law Quotes

“The Law of Probabilities: the more things you try, the more likely one of them will work.”

Trying Law Experiments Probability

Book:Pearls of Wisdom: 30 Inspirational Ideas to Live Your Best Life Now!

Source: Pearls of Wisdom: 30 Inspirational Ideas to Live Your Best Life Now!

“The artist reserves the right to remove a blot on the landscape, to change positions of things, to suit his composition, providing only that he does not transgress the laws of probability.”

Doe Law Artist Position Suits Landscape Remove Providing Reserves Composition Probability

Author:Walter J. Phillips

“Is the world ruled by strict laws or not? This question I regard as metaphysical. The laws we find are always hypotheses; which means that they may always be superseded, and that they may possibly be deduced from probability estimates. Yet denying causality would be the same as attempting to persuade the theorist to give up his search; and that such an attempt cannot be backed by anything like a proof.”

Source: The Logic of Scientific Discovery

“To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations.”

Needs Ideas Able Law Term Loss Ability Cutting Risk Information Habit Flow Overcoming Edges Uncertainty Characteristics Probability Marketplace Traders Recommendations Ferrets Information Flow

Author:Ari Kiev

“The laws of probability, so true in general, so fallacious in particular.”

Law Science Particular Lawyer Mathematical Statistics Probability

Author:Edward Gibbon

“It is natural to men to judge of things less known, by some similitude they observe, or think they observe, between them and things more familiar or better known. In many cases, we have no better way of judging. And, where the things compared have really a great similitude in their nature, when there is reason to think that they are subject to the same laws, there may be a considerable degree of probability in conclusions drawn from analogy.”

Thinking Men Way May Reason Law Natural Known Cases Subjects Judging Degrees Familiar Conclusion Probability Better Ways Analogies

Book:Philosophical works

Source: Philosophical works

“I am fully assured, that no general method for the solution of questions in the theory of probabilities can be established which does not explicitly recognize, not only the special numerical bases of the science, but also those universal laws of thought which are the basis of all reasoning, and which, whatever they may be as to their essence, are at least mathematical as to their form.”

May Doe Form Law Special Theory Solutions Essence Universal Bases Method Mathematical Reasoning Probability Assured Universal Laws

Book:Collected Logical Works

Source: Collected Logical Works

“Yet there seemed to be some truth in the law of probability, according to which the chance of success is directly proportionate to the number of repetitions.”

Law Chance Numbers Repetition Probability

Author:Kobo Abe

“The engine driving the Kelly system is the "law of large numbers." In a 1713 treatise on probability, Swiss mathematician Jakob Bernoulli propounded a law that has been misunderstood by gamblers (and investors) ever since.”

Has Beens Law Numbers Driving Investors Engines Mathematician Probability Misunderstood Large Numbers Swiss

Book:Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

Source: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

“The endeavor of scientific research to see events in their more general connection in order to determine their laws, is a legitimate and useful occupation. Any protest against such efforts, in the name of freefom from restrictive conditions, would be fruitless if science did not naïvely identify the abstractions called rules and laws with the actually efficacious forces, and confuse the probability that B will follow A with the actual effort make B follow A.”

Ifs Would Be Law Order Names Force Effort Conditions Events Research Connections Determine Protest Occupation Endeavor Probability Abstraction Scientific Research

Author:Max Horkheimer