Latest KDnuggets News 12:n27, (Nov 28, 2012) Features:
- New Poll: Where did you apply Analytics / Data Mining in 2012?
- Statistics2013: The International Year of Statistics
- PAW: Predictive Analytics World returns to Toronto, Mar 18-21 2013
- IEG: Predictive Analytics Innovation in San Diego, Feb 20-21
- Top news for Nov 18-24: Best Python modules for data mining; SAP Visual Intelligence Ultimate Challenge
- Top news for Nov 11-17: Best Python modules for data mining; Responsibility for Predictions
Quote
As Jean-Jacques Rousseau put it, "a little bit of agitation gives motivation to the soul, and what really makes the species prosper is not peace so much as freedom." With freedom comes some unpredictable fluctuation. This is one of life's packages: there is no freedom without noise - and no stability without volatility.
Nassim Nicholas Taleb and Mark Blyth in the Black Swan of Cairo: How Suppressing Volatility Makes the World Less Predictable and More Dangerous (Thanks to Ismail Parsa for the quotation)
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