Experts don't know exactly where the boundaries of their expertise are. — Daniel Kahneman Copy Share Image
The psychologist, Paul Rozin, an expert on disgust, observed that a single cockroach will completely wreck the appeal of a bowl of… — Daniel Kahneman Copy Share Image
There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's… — Daniel Kahneman Copy Share Image
I would be wary of experts' intuition, except when they deal with something that they have dealt with a lot in the… — Daniel Kahneman Copy Share Image
Most of the time, we think fast. And most of the time we're really expert at what we're doing, and most of… — Daniel Kahneman Copy Share Image
We're beautiful devices. The devices work well; we're all experts in what we do. But when the mechanism fails, those failures can… — Daniel Kahneman Copy Share Image
However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than… — Daniel Kahneman Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share
“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between… — Daniel Kahneman Copy Share
“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.” — Daniel Kahneman Copy Share
The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even… — Daniel Kahneman Copy Share
“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually… — Daniel Kahneman Copy Share
“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.” — Daniel Kahneman Copy Share
Survival prospects are poor for an animal that is not suspicious of novelty. — Daniel Kahneman Copy Share
“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.” — Daniel Kahneman Copy Share
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;… — Daniel Kahneman Copy Share
“knowing little makes it easier to fit everything you know into a coherent pattern.” — Daniel Kahneman Copy Share
“The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes… — Daniel Kahneman Copy Share
“A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but… — Daniel Kahneman Copy Share
