"One of the major biases in risky decision……" — Daniel Kahneman

"One of the major biases in risky decision making is optimism. Optimism is a source of high-risk thinking."

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.
However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information…
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…

See all 158 quotes by Daniel Kahneman »

More Biases Quotes

This quote is filed under Biases Quotes, one of 50 quotes in that category. Here are a few more:

It's good to remember that in crises, natural crises, human beings forget for awhile their ignorances, their biases, their prejudices.… — Maya Angelou
In general-like not just in fiction but in life-it doesn't work out well when someone imagines someone else as a… — John Green
If we act together on the drug problem, with a comprehensive vision devoid of ideological or political biases, we will… — Juan Manuel Santos
Our digital experiences are out of body. This biases us toward depersonalised behaviour in an environment where one’s identity can… — Douglas Rushkoff
In using terms like patriarchy, hermeneutics, and sexual/textual, I do not wish to misrepresent the Qurn as a feminist text;… — Unknown Author
Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most… — Lawrence Kudlow
Only by examining our personal biases can we truly grow as artists; only by cultivating empathy can we truly grow… — Jennifer L. Knox
People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with… — Michael Lewis
Ultimately, of course, you must decide for yourself whether the subjective psychological effects created by your evolved cognitive biases reflect… — Jesse Bering
What is terrible when you seek the truth, is that you find it. You find it, and then you are… — Victor Serge
We've been playing games since humanity had civilization - there is something primal about our desire and our ability to… — Jane McGonigal
In the search for character and commitment, we must rid ourselves of our inherited, even cherished biases and prejudices. Character,… — J. Irwin Miller

See all 50 Biases Quotes »

"One of the major biases in risky decision……" — Daniel Kahneman

Related Quotes

158 Quotes by Daniel Kahneman

More Biases Quotes