---
title: "1 Stock Trading Quotes By Daniel Kahneman"
description: "1 Stock Trading quotes by Daniel Kahneman. Plus more from Daniel Kahneman and more Stock Trading sayings from other authors."
image: "https://sms4smile.com/quotes/i/7e9/daniel-kahneman-431_answers_unfortunately-skill-in-evaluating-the-bu_1834730.jpg"
---

> [Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of the stock. Traders apparently lackthe…](https://sms4smile.com/quotes/daniel-kahneman/unfortunately-skill-in-evaluating-the-business-prospects-of-a-firm-is/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

[Image](https://sms4smile.com/quotes/i/7e9/daniel-kahneman-431_answers_unfortunately-skill-in-evaluating-the-bu_1834730.jpg)

## More by Daniel Kahneman

> [Economists think about what people ought to do. Psychologists watch what they actually do.](https://sms4smile.com/quotes/daniel-kahneman/economists-think-about-what-people-ought-to-do-psychologists-watch/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“Belief in the Law of Small Numbers.”](https://sms4smile.com/quotes/daniel-kahneman/belief-in-the-law-of-small-numbers/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between…](https://sms4smile.com/quotes/daniel-kahneman/people-who-are-poor-think-like-traders-but-the-dynamics-are-quite/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.”](https://sms4smile.com/quotes/daniel-kahneman/mood-evidently-affects-the-operation-of-system-1-when-we-are/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even…](https://sms4smile.com/quotes/daniel-kahneman/the-confidence-that-individuals-have-in-their-beliefs-depends-mostly/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually…](https://sms4smile.com/quotes/daniel-kahneman/so-this-is-my-aim-for-watercooler-conversations-improve-the-ability/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.”](https://sms4smile.com/quotes/daniel-kahneman/for-example-i-recently-came-to-doubt-my-long-held-impression-that/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Survival prospects are poor for an animal that is not suspicious of novelty.](https://sms4smile.com/quotes/daniel-kahneman/survival-prospects-are-poor-for-an-animal-that-is-not-suspicious-of/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.”](https://sms4smile.com/quotes/daniel-kahneman/the-idea-of-money-primes-individualism-a-reluctance-to-be-involved/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;…](https://sms4smile.com/quotes/daniel-kahneman/most-of-the-moments-of-our-life-and-i-calculated-you-know-the/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“knowing little makes it easier to fit everything you know into a coherent pattern.”](https://sms4smile.com/quotes/daniel-kahneman/knowing-little-makes-it-easier-to-fit-everything-you-know-into-a/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Experts don't know exactly where the boundaries of their expertise are.](https://sms4smile.com/quotes/daniel-kahneman/experts-don-t-know-exactly-where-the-boundaries-of-their-expertise-are/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [All of us would be better investors if we just made fewer decisions.](https://sms4smile.com/quotes/daniel-kahneman/all-of-us-would-be-better-investors-if-we-just-made-fewer-decisions/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes…](https://sms4smile.com/quotes/daniel-kahneman/the-best-we-can-do-is-a-compromise-learn-to-recognize-situations-in/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but…](https://sms4smile.com/quotes/daniel-kahneman/a-happy-mood-loosens-the-control-of-system-2-over-performance-when-in/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

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