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
“Consumers have a hunger for a clear message about the determinants of success and failure in business, and they need stories that… — Daniel Kahneman Copy Share Image
I have always believed that scientific research is another domain where a form of optimism is essential to success: I have yet… — Daniel Kahneman Copy Share Image
Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is… — Daniel Kahneman Copy Share Image
“The unsurprising idea that luck often contributes to success has surprising consequences when we apply it to the first two days of… — Daniel Kahneman Copy Share Image
Some achieve a reputation for great successes when in fact all they have done is take chances that reasonable people wouldn't take. — Daniel Kahneman Copy Share Image
“luck plays a large role in every story of success; it is almost always easy to identify a small change in the… — Daniel Kahneman Copy Share Image
The amount of success it takes for leaders to become overconfident isn't terribly large. — 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
