The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they… — Daniel Kahneman Copy Share Image
It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that… — Daniel Kahneman Copy Share Image
You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting… — Daniel Kahneman Copy Share Image
We were required to predict a soldier's performance in officer training and in combat, but we did so by evaluating his behavior… — Daniel Kahneman Copy Share Image
People have little idea, by and large, of the investment world. They are convinced they have an advantage. — 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
In essence, the optimistic style involves taking credit for successes but little blame for failures. — 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
