---
title: "Meaning & Key Takeaway of: The brain scientists are the wave of the…"
description: "\"The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the inv..."
image: "https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg"
---

#  The brain scientists are the wave of the future in the…

![“The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.” quote by Daniel Kahneman](https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg)   [Download](https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg) [Open image](https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg)

> “The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.”

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Neuroscience will reshape finance; understanding brain processes is essential for investors.

**In simple terms:** Brain research is crucial for financial insight.

Key Takeaway

Study cognitive science for better decisions.

Themes

finance neuroscience decision making

Mood

analytical inquisitive

Type

philosophical practical

When to use this quote

- investment strategy
- risk assessment
- portfolio management
- academic research

Key Concepts

behavioral economics cognitive bias

Questions to Reflect On

- How can you integrate neuroscience into your financial analysis?
- What biases affect your investment choices?

A Different Perspective

Overreliance on models may ignore human nuance.

★ ★ ★ ★ ★   No ratings yet

[Academia](https://sms4smile.com/quotes/about/academia/) [Attention](https://sms4smile.com/quotes/about/attention/) [Brain](https://sms4smile.com/quotes/about/brain/) [Community](https://sms4smile.com/quotes/about/community/) [Customer](https://sms4smile.com/quotes/about/customer/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Learning](https://sms4smile.com/quotes/about/learning/) [Money](https://sms4smile.com/quotes/about/money/) [Science](https://sms4smile.com/quotes/about/science/) [Scientist](https://sms4smile.com/quotes/about/scientist/) [Time](https://sms4smile.com/quotes/about/time/) [Understanding](https://sms4smile.com/quotes/about/understanding/) [World](https://sms4smile.com/quotes/about/world/)

## Related quotes

> [Is the investment community critical to our economic success? Yes. Free markets, innovation, access to credit, venture capital, and strong labor rights - these…](https://sms4smile.com/quotes/reshma-saujani/is-the-investment-community-critical-to-our-economic-success-yes-free/)

[Reshma Saujani](https://sms4smile.com/quotes/author/reshma-saujani/)

> [What the investment community does like is short-term measures designed to boost share prices.](https://sms4smile.com/quotes/james-surowiecki/what-the-investment-community-does-like-is-short-term-measures/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [I think there will always be need of trusted voices in the investment community, but what the ICO markets are showing is that the…](https://sms4smile.com/quotes/adam-draper/i-think-there-will-always-be-need-of-trusted-voices-in-the-investment/)

[Adam Draper](https://sms4smile.com/quotes/author/adam-draper/)

> [I do think that in order for a company to be interesting to the investment community, there needs to be a plan; there needs…](https://sms4smile.com/quotes/marc-jacobs/i-do-think-that-in-order-for-a-company-to-be-interesting-to-the/)

[Marc Jacobs](https://sms4smile.com/quotes/author/marc-jacobs/)

> [I realized, "Oh my gosh! I'm having a stroke!" And the next thing my brain says to me is, Wow! This is so cool!…](https://sms4smile.com/quotes/jill-bolte-taylor/i-realized-oh-my-gosh-i-m-having-a-stroke-and-the-next-thing-my-brain/)

[Jill Bolte Taylor](https://sms4smile.com/quotes/author/jill-bolte-taylor/)

> [“You can learn from brain scientists how to strengthen what's weak, make flexible what's rigid, and heal what might be broken.”](https://sms4smile.com/quotes/jennifer-fraser/you-can-learn-from-brain-scientists-how-to-strengthen-what-s-weak/)

Jennifer Fraser

> [“The tape measures and weighing scales of the Victorian brain scientists have been supplanted by powerful neuroimaging technologies, but there is still a lesson…](https://sms4smile.com/quotes/cordelia-fine/the-tape-measures-and-weighing-scales-of-the-victorian-brain/)

[Cordelia Fine](https://sms4smile.com/quotes/author/cordelia-fine/)

> [I realized, Oh my gosh! Im having a stroke! Im having a stroke! The next thing my brain says to me is, Wow! This…](https://sms4smile.com/quotes/anonymous/i-realized-oh-my-gosh-im-having-a-stroke-im-having-a-stroke-the-next/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Brain scientists and education scientists don't get together very often, and we end up living in our own little silos.](https://sms4smile.com/quotes/john-medina/brain-scientists-and-education-scientists-don-t-get-together-very/)

[John Medina](https://sms4smile.com/quotes/author/john-medina/)

> [Most brain scientists have not taught 4th grade, and don't know very much about the classroom, even though they might study learning in some…](https://sms4smile.com/quotes/john-medina/most-brain-scientists-have-not-taught-4th-grade-and-don-t-know-very/)

[John Medina](https://sms4smile.com/quotes/author/john-medina/)

> [The model used by Wall Street to price trillions of dollar's worth of derivatives thought of the financial world as an orderly, continuous process.…](https://sms4smile.com/quotes/michael-lewis/the-model-used-by-wall-street-to-price-trillions-of-dollar-s-worth-of/)

[Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/)

> [The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.](https://sms4smile.com/quotes/peer-steinbruck/the-u-s-will-lose-its-status-as-the-superpower-of-the-world-financial/)

[Peer Steinbruck](https://sms4smile.com/quotes/author/peer-steinbruck/)

> [“His willingness to throw open a window on the American financial world, and to show people what it has become, still takes my breath…](https://sms4smile.com/quotes/michael-lewis/his-willingness-to-throw-open-a-window-on-the-american-financial/)

[Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/)

> [The math you need for most of finance is ninth-grade algebra, and most people feel reasonably comfortable with that. But I think the financial…](https://sms4smile.com/quotes/sal-khan/the-math-you-need-for-most-of-finance-is-ninth-grade-algebra-and-most/)

[Sal Khan](https://sms4smile.com/quotes/author/sal-khan/)

> [The financial world is at the cutting edge of high technology.](https://sms4smile.com/quotes/robert-harris/the-financial-world-is-at-the-cutting-edge-of-high-technology/)

[Robert Harris](https://sms4smile.com/quotes/author/robert-harris/)

## More by Daniel Kahneman

> [Economists think about what people ought to do. Psychologists watch what they actually do.](https://sms4smile.com/quotes/daniel-kahneman/economists-think-about-what-people-ought-to-do-psychologists-watch/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“Belief in the Law of Small Numbers.”](https://sms4smile.com/quotes/daniel-kahneman/belief-in-the-law-of-small-numbers/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between…](https://sms4smile.com/quotes/daniel-kahneman/people-who-are-poor-think-like-traders-but-the-dynamics-are-quite/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.”](https://sms4smile.com/quotes/daniel-kahneman/mood-evidently-affects-the-operation-of-system-1-when-we-are/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even…](https://sms4smile.com/quotes/daniel-kahneman/the-confidence-that-individuals-have-in-their-beliefs-depends-mostly/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually…](https://sms4smile.com/quotes/daniel-kahneman/so-this-is-my-aim-for-watercooler-conversations-improve-the-ability/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.”](https://sms4smile.com/quotes/daniel-kahneman/for-example-i-recently-came-to-doubt-my-long-held-impression-that/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Survival prospects are poor for an animal that is not suspicious of novelty.](https://sms4smile.com/quotes/daniel-kahneman/survival-prospects-are-poor-for-an-animal-that-is-not-suspicious-of/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.”](https://sms4smile.com/quotes/daniel-kahneman/the-idea-of-money-primes-individualism-a-reluctance-to-be-involved/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;…](https://sms4smile.com/quotes/daniel-kahneman/most-of-the-moments-of-our-life-and-i-calculated-you-know-the/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“knowing little makes it easier to fit everything you know into a coherent pattern.”](https://sms4smile.com/quotes/daniel-kahneman/knowing-little-makes-it-easier-to-fit-everything-you-know-into-a/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [Experts don't know exactly where the boundaries of their expertise are.](https://sms4smile.com/quotes/daniel-kahneman/experts-don-t-know-exactly-where-the-boundaries-of-their-expertise-are/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [All of us would be better investors if we just made fewer decisions.](https://sms4smile.com/quotes/daniel-kahneman/all-of-us-would-be-better-investors-if-we-just-made-fewer-decisions/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes…](https://sms4smile.com/quotes/daniel-kahneman/the-best-we-can-do-is-a-compromise-learn-to-recognize-situations-in/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

> [“A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but…](https://sms4smile.com/quotes/daniel-kahneman/a-happy-mood-loosens-the-control-of-system-2-over-performance-when-in/)

[Daniel Kahneman](https://sms4smile.com/quotes/author/daniel-kahneman/)

[Explore all 560 Daniel Kahneman quotes ](https://sms4smile.com/quotes/author/daniel-kahneman/)

## More Academia quotes

> [“Word spread quickly: The visitor wished to address the scholars. 'What can he want?' they wondered, streaming into the Royal Theater. Attendance was voluntary,…](https://sms4smile.com/quotes/laini-taylor/word-spread-quickly-the-visitor-wished-to-address-the-scholars-what/)

[Laini Taylor](https://sms4smile.com/quotes/author/laini-taylor/)

> [Society understands the architecture of academia and knows there are relevant qualifications in different fields, and the media accepts the idea of specialisations and…](https://sms4smile.com/quotes/jay-griffiths/society-understands-the-architecture-of-academia-and-knows-there-are/)

[Jay Griffiths](https://sms4smile.com/quotes/author/jay-griffiths/)

> [One of the things that's great about New York is that it is not a one-industry town. It has education, academia, the service industry,…](https://sms4smile.com/quotes/sarah-jessica-parker/one-of-the-things-that-s-great-about-new-york-is-that-it-is-not-a-one/)

[Sarah Jessica Parker](https://sms4smile.com/quotes/author/sarah-jessica-parker/)

> [ “See that the mind is honest, first; the rest may follow or not as God wills. \[That\] the fundamental treason to the mind ...… ](https://sms4smile.com/quotes/dorothy-l-sayers/see-that-the-mind-is-honest-first-the-rest-may-follow-or-not-as-god/)

[Dorothy L. Sayers](https://sms4smile.com/quotes/author/dorothy-l-sayers/)

> [The approach of intellect or noesis will forever be an effete and limited sort of thing by contrast with the vigor and color of…](https://sms4smile.com/quotes/kenny-smith/the-approach-of-intellect-or-noesis-will-forever-be-an-effete-and/)

[Kenny Smith](https://sms4smile.com/quotes/author/kenny-smith/)

> [One can hardly appreciate how academia has perverted its highest tasks and "ideals" without pondering long and hard the implications of Jacques Barzun's House…](https://sms4smile.com/quotes/kenny-smith/one-can-hardly-appreciate-how-academia-has-perverted-its-highest/)

[Kenny Smith](https://sms4smile.com/quotes/author/kenny-smith/)

> [Practically everybody (1) overweighs the stuff that can be numbered, because it yields to the statistical techniques they’re taught in academia, and (2) doesn’t…](https://sms4smile.com/quotes/charlie-munger/practically-everybody-1-overweighs-the-stuff-that-can-be-numbered/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [The number one problem in academia today is not ignorant students but ignorant professors, who have substituted narrow "expertise" and "theoretical sophistication" (a preposterous…](https://sms4smile.com/quotes/camille-paglia/the-number-one-problem-in-academia-today-is-not-ignorant-students-but/)

[Camille Paglia](https://sms4smile.com/quotes/author/camille-paglia/)

> [Almost all scholarly research carries practical and political implications. Better that we should spell these out ourselves than leave that task to people with…](https://sms4smile.com/quotes/stephanie-coontz/almost-all-scholarly-research-carries-practical-and-political/)

[Stephanie Coontz](https://sms4smile.com/quotes/author/stephanie-coontz/)

> [There is this tremendous body of knowledge in the world of academia where extraordinary numbers of incredibly thoughtful people have taken the time to…](https://sms4smile.com/quotes/malcolm-gladwell/there-is-this-tremendous-body-of-knowledge-in-the-world-of-academia/)

[Malcolm Gladwell](https://sms4smile.com/quotes/author/malcolm-gladwell/)

> [What do you call a co-worker these days? Neither teammate nor confederate will do, and partner is too legalistic. The answer brought from academia…](https://sms4smile.com/quotes/william-safire/what-do-you-call-a-co-worker-these-days-neither-teammate-nor/)

[William Safire](https://sms4smile.com/quotes/author/william-safire/)

> [“Chivalry in academia is dead.”](https://sms4smile.com/quotes/sylvain-reynard/chivalry-in-academia-is-dead/)

[Sylvain Reynard](https://sms4smile.com/quotes/author/sylvain-reynard/)

> [“The tunnel under the wall of intellectual snobbery is the only way back to common sense reality, but most won't find it because it…](https://sms4smile.com/quotes/d-e-navarro/the-tunnel-under-the-wall-of-intellectual-snobbery-is-the-only-way/)

[D.E. Navarro](https://sms4smile.com/quotes/author/d-e-navarro/)

> [Even if 80 percent of the population of a country are Christian believers, they will have almost no cultural influence if the Christians do…](https://sms4smile.com/quotes/timothy-keller/even-if-80-percent-of-the-population-of-a-country-are-christian/)

[Timothy Keller](https://sms4smile.com/quotes/author/timothy-keller/)

> [“(If you'd like to see it, I've been keeping a log of department meetings ranked according to level of trauma, with a 1 indicating…](https://sms4smile.com/quotes/julie-schumacher-dear-committee-members/if-you-d-like-to-see-it-i-ve-been-keeping-a-log-of-department/)

Julie Schumacher Dear Committee Members

[Browse all 233 Academia quotes ](https://sms4smile.com/quotes/about/academia/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.",
            "creator": {
                "@type": "Person",
                "name": "Daniel Kahneman"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/daniel-kahneman/the-brain-scientists-are-the-wave-of-the-future-in-the-financial/",
            "about": {
                "@type": "Thing",
                "name": "Academia"
            },
            "@id": "https://sms4smile.com/quotes/daniel-kahneman/the-brain-scientists-are-the-wave-of-the-future-in-the-financial/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg",
                "url": "https://sms4smile.com/quotes/i/bdf/daniel-kahneman-431_academia_the-brain-scientists-are-the-wave-of-the_687000.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“The brain scientists are the wave of the future in the financial world. If you seek to maximize…” — Daniel Kahneman",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Daniel Kahneman",
                    "item": "https://sms4smile.com/quotes/author/daniel-kahneman/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "The brain scientists are the wave...",
                    "item": "https://sms4smile.com/quotes/daniel-kahneman/the-brain-scientists-are-the-wave-of-the-future-in-the-financial/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/daniel-kahneman/the-brain-scientists-are-the-wave-of-the-future-in-the-financial/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
