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Theory Quotes

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Theory Quotes

“I have nothing but myself to write about, no facts, no theories, no opinions, no adventures, no sentiments, nothing but my own poor barren individualism, of considerable interest to me, but I do not know why I should presume it will be so to you. Egotism is not tiresome, or it ought not to be, if one is sincere about oneself; but it is so hard to be sincere. Well, never mind, I mean to be, and you know me well enough to see through me when I am humbugging.”

“We could tell them [alien civilization] things that we have discovered in the realm of mathematical physics, but there is stuff that I would like to know. There are some famous problems like how to bring gravitation and quantum physics together, the long-sought-after theory of quantum gravity. But it may be hard to understand the answer that comes back.”

“Following Korzybski, I put things in probabilities, not absolutes... My only originality lies in applying this zetetic attitude outside the hardest of the hard sciences, physics, to softer sciences and then to non-sciences like politics, ideology, jury verdicts and, of course, conspiracy theory.”

“If a single one of these gentlemen is correct, if a believer of any type is right, the essential truth for man, the real drama of life, in comparison with which the secular story of the race, is a puppet-show and the unfolding of the universe is a triviality, is the dialogue of the immortal soul and the eternal God. Yet it seems that there is nothing in the world so hard to discover as this. The theory refutes itself.”

“History has got a lot to do with unique circumstances under certain particular cases and grand theories will always find counter cases. I don't think that people whose expertise lies in one thing should try to make grand theories about something (a) where it's very hard to get the evidence to prove that you're right and (b) where it's much too easy to make up stories that seem right.”

“The material which a scientist actually has at his disposal, his laws, his experimental results, his mathematical techniques, his epistemological prejudices, his attitude towards the absurd consequences of the theories which he accepts, is indeterminate in many ways, ambiguous, and never fully separated from the historical background . This material is always contaminated by principles which he does not know and which, if known, would be extremely hard to test.”

“One of the most difficult features of direct experience is that it is unfiltered by any theories or expectations. It's hard to observe without imposing a theory to explain what we're seeing, but the trouble with theories, as Einstein said, is that they explain not only what is observed, but what can be observed. We start to build expectations based on our theories.”

“Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.”

“The possibility that stock value in aggregate can become irrationally high is contrary to the hard-form "efficient market" theory that many of you once learned as gospel from your mistaken professors of yore. Your mistaken professors were too much influenced by "rational man" models of human behavior from economics and too little by "foolish man" models from psychology and real-world experience.”

“This is often the way it is in physics - our mistake is not that we take our theories too seriously, but that we do not take them seriously enough. It is always hard to realize that these numbers and equations we play with at our desks have something to do with the real world. Even worse, there often seems to be a general agreement that certain phenomena are just not fit subjects for respectable theoretical and experimental effort.”

“I'm not critical of the people who do psychotherapy. The therapists in the trenches have to face an awful lot of the social, political, and economic failures of capitalism. They have to take care of all the rejects and failures. They are sincere and work hard with very little credit, and the HMOs and the pharmaceutical companies and insurance companies are trying to wipe them out. So certainly I am not attacking them. I am attacking the theories of psychotherapy.”