Question: So investors shouldn't delude themselves about beating the market? Answer: "They're just not going to do it. It's just not going… — Daniel Kahneman Copy Share Image
Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to… — Daniel Kahneman Copy Share Image
Some memories come with a very compelling sense of truth about them. And that happens to be the case even with memories… — Daniel Kahneman Copy Share Image
What happens with fear is that probability doesn't matter very much. That is, once I have raised the possibility that something terrible… — Daniel Kahneman Copy Share Image
Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what… — Daniel Kahneman Copy Share Image
Ten minutes of a smartphone in front of your nose is about the equivalent of an hour long walk in bright daylight.… — Daniel Kahneman Copy Share Image
Nobody would say, 'I'm voting for this guy because he's got the stronger chin,' but that, in fact, is partly what happens. — Daniel Kahneman Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image
“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 Image
“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.” — Daniel Kahneman Copy Share Image
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 Image
“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 Image
“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 Image
Survival prospects are poor for an animal that is not suspicious of novelty. — Daniel Kahneman Copy Share Image
“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 Image
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 Image
“knowing little makes it easier to fit everything you know into a coherent pattern.” — Daniel Kahneman Copy Share Image
Experts don't know exactly where the boundaries of their expertise are. — Daniel Kahneman Copy Share Image
