Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance. — Daniel Kahneman Copy Share Image
“Finally, the illusions of validity and skill are supported by a powerful professional culture. We know that people can maintain an unshakable… — Daniel Kahneman Copy Share Image
We know that the French are very different from the Americans in their satisfaction with life. They're much less satisfied. Americans are… — Daniel Kahneman Copy Share Image
After a crisis we tell ourselves we understand why it happened and maintain the illusion that the world is understandable. In fact,… — Daniel Kahneman Copy Share Image
The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in… — 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
People have little idea, by and large, of the investment world. They are convinced they have an advantage. — Daniel Kahneman Copy Share Image
We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events. — 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
