All of us would be better investors if we just made fewer decisions. — Daniel Kahneman Copy Share Image
People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and… — 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
We think, each of us, that we're much more rational than we are. And we think that we make our decisions because… — Daniel Kahneman Copy Share Image
you know you have made a theoretical advance when you can no longer reconstruct why you failed for so long to see… — 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
Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and… — Daniel Kahneman Copy Share Image
To know whether you can trust a particular intuitive judgment, there are two questions you should ask: Is the environment in which… — Daniel Kahneman Copy Share Image
A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise. — 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
