"However, optimism is highly valued, socially and in……" — Daniel Kahneman
"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 tellers. One of the lessons of the financial crisis that led to the Great Recession is that there are periods in which competition, among experts and among organizations, creates powerful forces that favor a collective blindness to risk and uncertainty."
—
Daniel Kahneman
★
★
★
★
★
0.0 avg (0 ratings)
158 Quotes by Daniel Kahneman
Daniel Kahneman has 158 quotes on this site.
A few more worth reading:
-
Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like…
-
We are prone to overestimate how much we understand about the world and to underestimate the role of chance in…
-
The illusion that we understand the past fosters overconfidence in our ability to predict the future.
-
The most effortful forms of slow thinking are those that require you to think fast.
-
If you care about being thought credible and intelligent, do not use complex language where simpler language will do.
-
We are often confident even when we are wrong, and an objective observer is more likely to detect our errors…
-
When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
-
The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
-
A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that…
-
It is only a slight exaggeration to say that happiness is the experience of spending time with people you love…
-
People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments…
-
Individual investors predictably flock to stocks in companies that are in the news.
See all 158 quotes by Daniel Kahneman »
More Among Quotes
This quote is filed under Among Quotes,
one of 4,656 quotes in that category. Here are a few more:
-
When I was a kid, among the other embarrassing things I would do, and there's a list of stupid things,…
— J. J. Abrams
-
Music is the social act of communication among people, a gesture of friendship, the strongest there is.
— Malcolm Arnold
-
These people were well dressed in skins, had some guns, but armed generally with bows and arrows and such other…
— William Henry Ashley
-
Cameramen are among the most extraordinarily able and competent people I know. They have to have an insight into natural…
— David Attenborough
-
I have a big following among the biogeeks of this world. Nobody ever puts them in books.
— Margaret Atwood
-
Among those whom I like or admire, I can find no common denominator, but among those whom I love, I…
— Wystan Hugh Auden
-
Murder is commoner among cooks than among members of any other profession.
— Wystan Hugh Auden
-
The spiritual virtue of a sacrament is like light; although it passes among the impure, it is not polluted.
— Saint Augustine
-
The same thing which is now called Christian religion existed among the ancients. They have begun to call 'Christian' the…
— Saint Augustine
-
Adapt yourself to the things among which your lot has been cast and love sincerely the fellow creatures with whom…
— Marcus Aurelius
-
India is the meeting place of the religions and among these Hinduism alone is by itself a vast and complex…
— Sri Aurobindo
-
I am inclined to attach some importance to the new system of manufacturing; and venture to throw it out with…
— Charles Babbage
See all 4,656 Among Quotes »