“We normally avoid mental overload by dividing our tasks into multiple easy steps, committing intermediate results to long-term memory or to paper… — Daniel Kahneman Copy Share Image
We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to… — Daniel Kahneman Copy Share Image
“The notion that we have limited access to the workings of our minds is difficult to accept because, naturally, it is alien… — Daniel Kahneman Copy Share Image
“Jumping to conclusions is efficient if the conclusions are likely to be correct and the costs of an occasional mistake acceptable. Jumping… — Daniel Kahneman Copy Share Image
“The evidence presents a profound challenge to the idea that humans have consistent preferences and know how to maximize them, a cornerstone… — Daniel Kahneman Copy Share Image
We're not aware of changing our minds even when we do change our minds. And most people, after they change their minds,… — Daniel Kahneman Copy Share Image
Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean… — Daniel Kahneman Copy Share Image
“Stanovich argues that high intelligence does not make people immune to biases. Another ability is involved, which he labels rationality. Stanovich’s concept… — Daniel Kahneman Copy Share Image
“automatic functions of System 1, but they depend on the allocation of some attention to the relevant stimulus. The authors note that… — Daniel Kahneman Copy Share Image
“Much like the electricity meter outside your house or apartment, the pupils offer an index of the current rate at which mental… — Daniel Kahneman Copy Share Image
“...the characters are useful because of some quirks of our minds, yours and mine. A sentence is understood more easily if it… — 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