All Daniel Kahneman Quotes
- Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me. Doe
- We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events. Chance
- The illusion that we understand the past fosters overconfidence in our ability to predict the future. Ability
- The most effortful forms of slow thinking are those that require you to think fast. Effortful
- However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward truth… Among
- If you care about being thought credible and intelligent, do not use complex language where simpler language will do. Care
- We are often confident even when we are wrong, and an objective observer is more likely to detect our errors than we are. Confident
- When action is needed, optimism, even of the mildly delusional variety, may be a good thing. Action
- The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics. Aversion
- A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt… Ability
- It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you. Exaggeration
- People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations. Busy
- Individual investors predictably flock to stocks in companies that are in the news. Companies
- Groups tend to be more extreme than individuals. Extreme
- Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed… Able
- We don’t choose between experiences, we choose between memories of experiences. Even when we think about the future, we don’t think of our future normally… Anticipated
- Survival prospects are poor for an animal that is not suspicious of novelty. Animal
- Below an income of ... $60,000 a year, people are unhappy, and they get progressively unhappier the poorer they get. Above that, we get an… Absolutely
- Acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions. Acquisition
- We are far too willing to reject the belief that much of what we see in life is random. Belief