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Consume Quote by Richard H. Thaler

“We will call something “tempting” if we consume more of it when hot than when cold. None of this means that decisions made in a cold state are always better. For example, sometimes we have to be in a hot state to overcome our fears about trying new things.” quote by Richard H. Thaler
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““We will call something “tempting” if we consume more of it when hot than when cold. None of this means that decisions made in a cold state are always better. For example, sometimes we have to be in a hot state to overcome our fears about trying new things.””

Richard H. Thaler

About This Quote

He explains that temptations can be stronger when “hot,” and sometimes a hot state is needed to overcome fear and try new things.

In simple terms: Hot states can boost courage.

Key Takeaway

Use urgency to face fears.

Themes

decision‑making psychology fear

Mood

analytical practical

Type

educational motivational

When to use this quote

  • starting a business
  • public speaking
  • learning a skill

Key Concepts

behavioral economics motivation

Questions to Reflect On

  • When should you wait for a cool state?
  • How to balance hot and cold decisions?
A Different Perspective

Hot impulses can lead to rash choices.

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