Bruno de Finetti Quotes

Bruno de Finetti was an Italian probabilist statistician and actuary, noted for the "operational subjective" conception of probability. The classic exposition of his distinctive theory is the 1937 "La prévision: ses lois logiques, ses sources subjectives," which discussed probability founded on the coherence of betting odds and the consequences of exchangeability. Wikipedia

✵ 13. June 1906 – 20. July 1985

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Bruno de Finetti Quotes

“My thesis, paradoxically, and a little provocatively, but nonetheless genuinely, is simply this : PROBABILITY DOES NOT EXIST.The abandonment of superstitious beliefs about the existence of Phlogiston, the Cosmic Ether, Absolute Space and Time, …, or Fairies and Witches, was an essential step along the road to scientific thinking. Probability, too, if regarded as something endowed with some kind of objective existence, is no less a misleading misconception, an illusory attempt to exteriorize or materialize our true probabilistic beliefs.”

Bruno de Finetti

Preface
Theory of Probability (1970)

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