StumbleUpon: Statistics And Statisticians

Very funny jokes and quotes on using statistics. These two applies to stock trading:

The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there's a 90% probability you'll get it wrong.

In God we trust. All others must bring data —Robert W. Hayden

One of the funniest ones:

A famous statistician would never travel by airplane, because he had studied air travel and estimated that the probability of there being a bomb on any given flight was one in a million, and he was not prepared to accept these odds.

One day, a colleague met him at a conference far from home. "How did you get here, by train?"

"No, I flew"

"What about the possibility of a bomb?"

"Well, I began thinking that if the odds of one bomb are 1:million, then the odds of two bombs are (1/1,000,000) x (1/1,000,000). This is a very, very small probability, which I can accept. So now I bring my own bomb along!"