Strategy Quote by Richard H. Thaler

““Markowitz’s strategy can be viewed as one example of what might be called the diversification heuristic. “When in doubt, diversify.””

Richard H. Thaler

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More by Richard H. Thaler

“10. Calories count in New York City. The Big Apple recently adopted a law that requires fast-food restaurants with at least fifteen outlets in…

Richard H. Thaler

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“I began to have deviant thoughts about economic theory while I was a graduate student”

Richard H. Thaler

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“specific values to objects. When they have to give something up, they are hurt more than they are pleased if they acquire the very…

Richard H. Thaler

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“Hundreds of studies confirm that human forecasts are flawed and biased. Human decision making is not so great either. Again to take just one…

Richard H. Thaler

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“John Rawls (1971) called the publicity principle. In its simplest form, the publicity principle bans government from selecting a policy that it would not…

Richard H. Thaler

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“Our principal claim here is that patients and doctors should be free to make their own agreements about that right. If patients want to…

Richard H. Thaler

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“We are also greatly influenced by consumption norms within the relevant group. A light eater eats much more in a group of heavy eaters.…

Richard H. Thaler

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“People think about life in terms of changes, not levels.”

Richard H. Thaler

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“predictions can’t vary more than the thing being forecast.”

Richard H. Thaler

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“When in a cold state, we do not appreciate how much our desires and our behavior will be altered when we are “under the…

Richard H. Thaler

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“Bargains and Rip-Offs”

Richard H. Thaler

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“you want to nudge people into socially desirable behavior, do not, by any means, let them know that their current actions are better than…

Richard H. Thaler

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Explore all 84 Richard H. Thaler quotes

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