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Daniel Kahneman Quotes
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Daniel Kahneman Quote: “The classic experiment I describe next shows that people will not draw from base-rate information an inference that conflicts with other beliefs. It also supports the uncomfortable conclusion that teaching psychology is mostly a waste of time.”
Daniel Kahneman Quote: “Fast thinking includes both variants of intuitive thought – the expert and the heuristic.”
Daniel Kahneman Quote: “And we cannot suppress the powerful intuition that what makes sense in hindsight today was predictable yesterday.”
Daniel Kahneman Quote: “People have little idea, by and large, of the investment world. They are convinced they have an advantage.”
Daniel Kahneman Quote: “There’s a tendency to look at investments in isolation. Investors focus on the risk of individual securities.”
Daniel Kahneman Quote: “If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.”
Daniel Kahneman Quote: “Even statisticians were not good intuitive statisticians.”
Daniel Kahneman Quote: “In essence, the optimistic style involves taking credit for successes but little blame for failures.”
Daniel Kahneman Quote: “Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period...”
Daniel Kahneman Quote: “I have always emphasized the willingness to discard.”
Daniel Kahneman Quote: “The extra daily social time of 1.7 hours in weekends raises average happiness by about 2%.”
Daniel Kahneman Quote: “The idea that large historical events are determined by luck is profoundly shocking, although it is demonstrably true.”
Daniel Kahneman Quote: “People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being.”
Daniel Kahneman Quote: “The only test of rationality is not whether a person’s beliefs and preferences are reasonable, but whether they are internally consistent.”
Daniel Kahneman Quote: “During a mental multiplication, the pupil normally dilated to a large size within a few seconds and stayed large as long as the individual kept working on the problem; it contracted immediately when she found a solution or gave up.”
Daniel Kahneman Quote: “Rational or not, fear is painful and debilitating, and policy makers must endeavor to protect the public from fear, not only from real dangers.”
Daniel Kahneman Quote: “I decided to evaluate my portfolio only once a quarter. I am too loss averse to make sensible decisions in the face of daily price fluctuations.”
Daniel Kahneman Quote: “Indeed, there is evidence that people are more likely to be influenced by empty persuasive messages, such as commercials, when they are tired and depleted.”
Daniel Kahneman Quote: “The pleasure we found in working together made us exceptionally patient; it is much easier to strive for perfection when you are never bored.”
Daniel Kahneman Quote: “Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.”
Daniel Kahneman Quote: “You’re surprised by something, but you don’t really know what surprised you; you recognize someone, but you don’t really know what cues cause you to recognize that person.”
Daniel Kahneman Quote: “You can always find an evolutionary quotation for anything. But the question is whether it’s functional, which is not the same as being evolutionary.”
Daniel Kahneman Quote: “Taleb suggests that we humans constantly fool ourselves by constructing flimsy accounts of the past and believing they are true.”
Daniel Kahneman Quote: “My experience is that I can think while strolling but cannot engage in mental work that imposes a heavy load on short-term memory.”
Daniel Kahneman Quote: “It was always assumed I would be a professor. I grew up thinking it.”
Daniel Kahneman Quote: “Bernoulli’s model lacks the idea of a reference point, expected utility theory does not represent the obvious fact that the outcome that is good for Anthony is bad for Betty. His model could explain Anthony’s risk aversion, but it cannot explain Betty’s risk-seeking preference for the gamble, a behavior that is often observed in entrepreneurs and in generals when all their options are bad.”
Daniel Kahneman Quote: “Of course, we and our animal cousins are quickly alerted to signs of opportunities to mate or to feed, and advertisers design billboards accordingly.”
Daniel Kahneman Quote: “A deeper understanding of judgments and choices also requires a richer vocabulary than is available in everyday language. The hope.”
Daniel Kahneman Quote: “Ultimately, a richer language is essential to the skill of constructive criticism.”
Daniel Kahneman Quote: “There is at least one source of occasion noise that we have all noticed: mood.”
Daniel Kahneman Quote: “A story is about significant events and memorable moments, not about time passing.”
Daniel Kahneman Quote: “Risk” does not exist “out there,” independent of our minds and culture, waiting to be measured. Human beings have invented the concept of “risk” to help them understand and cope with the dangers and uncertainties of life. Although these dangers are real, there is no such thing as “real risk” or “objective risk.”
Daniel Kahneman Quote: “Organizations that take the word of overconfident experts can expect costly consequences.”
Daniel Kahneman Quote: “In terms of noise, psychiatry is an extreme case.”
Daniel Kahneman Quote: “When the driver of a car is overtaking a truck on a narrow road, for example, adult passengers quite sensibly stop talking.”
Daniel Kahneman Quote: “Subjective confidence in a judgment is not a reasoned evaluation of the probability that this judgment is correct.”
Daniel Kahneman Quote: “We were sufficiently similar to understand each other easily, and sufficiently different to surprise each other. We.”
Daniel Kahneman Quote: “People who experience flow describe it as “a state of effortless concentration so deep that they lose their sense of time, of themselves, of their problems,” and their descriptions of the joy of that state are so compelling that Csikszentmihalyi has called it an “optimal experience.”
Daniel Kahneman Quote: “Charge the loss to your mental account of ‘general revenue’ – you will feel better!”
Daniel Kahneman Quote: “Nick Epley and Tom Gilovich found evidence that adjustment is a deliberate attempt to find reasons to move away from the anchor:.”
Daniel Kahneman Quote: “Examples of the planning fallacy abound in the experiences of individuals, governments, and businesses. The list of horror stories is endless.”
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