An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure.… — Daniel Kahneman Copy Share Image
... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer.… — Daniel Kahneman Copy Share Image
The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the… — 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
Facts that challenge basic assumptions-and thereby threaten people's livelihood and self-esteem-are simply not absorbed. The mind does not digest them. — Daniel Kahneman Copy Share Image
Through some combination of culture and biology, our minds are intuitively receptive to religion. — Daniel Kahneman Copy Share Image
“The world makes much less sense than you think. The coherence comes mostly from the way your mind works.” — Daniel Kahneman Copy Share Image
A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed.… — 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
People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents… — 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
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
People tend to assess the relative importance of issues by the ease with which they are retrieved from memory—and this is largely… — 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