"There are domains in which expertise is not……" — Daniel Kahneman
"There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey."
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Daniel Kahneman
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158 Quotes by Daniel Kahneman
Daniel Kahneman has 158 quotes on this site.
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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like…
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We are prone to overestimate how much we understand about the world and to underestimate the role of chance in…
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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The most effortful forms of slow thinking are those that require you to think fast.
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However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information…
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If you care about being thought credible and intelligent, do not use complex language where simpler language will do.
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We are often confident even when we are wrong, and an objective observer is more likely to detect our errors…
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that…
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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love…
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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 »
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