Nate Silver said this quote

Who needs theory when you have so much information? But this is categorically the wrong attitude to take toward forecasting, especially in a field like economics where the data is so noisy.

~ Nate Silver

In science, progress is possible. In fact, if one believes in Bayes' theorem, scientific progress is inevitable as predictions are made and as beliefs are tested and refined.

~ Nate Silver

Under Bayes' theorem, no theory is perfect. Rather, it is a work in progress, always subject to further refinement and testing.

~ Nate Silver

...the ratings agencies' problem was in being unable or uninterested in appreciating the distinction between risk and uncertainty.

~ Nate Silver