Daniel Kahneman quotes - page 4

I have always emphasized the willingness to discard. (Daniel Kahneman)
The average investor's return is significantly lower than market indices due primarily to market timing. View quote
Daniel Kahneman
The effort invested in 'getting it right' should be commensurate with the importance of the decision. View quote
Daniel Kahneman
Most people are highly optimistic most of the time. View quote
Daniel Kahneman
Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues. View quote
Daniel Kahneman
I'm not a great believer in self-help. View quote
Daniel Kahneman
We're generally overconfident in our opinions and our impressions and judgments. View quote
Daniel Kahneman
I enjoy being active, but I look forward to the day when I can retire to the Internet. View quote
Daniel Kahneman
All of us would be better investors if we just made fewer decisions. View quote
Daniel Kahneman
Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate. View quote
Daniel Kahneman
Laziness is built deep into our nature. (Daniel Kahneman)
If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe. View quote
Daniel Kahneman
We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action. View quote
Daniel Kahneman
Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life. View quote
Daniel Kahneman
If individuals are rational, there is no need to protect them against their own choices. View quote
Daniel Kahneman
Adaptation seems to be, to a substantial extent, a process of reallocating your attention. View quote
Daniel Kahneman
Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them. View quote
Daniel Kahneman
You know, the standard state for people is 'mildly pleasant.' Negative emotions are quite rare, and extremely positive emotions are rare. But people are mildly pleased most of the time, they're mildly tired a lot of the time, and they wish they were somewhere else a substantial part of the time - but mostly they're mildly pleased. View quote
Daniel Kahneman
Nobody would say, 'I'm voting for this guy because he's got the stronger chin,' but that, in fact, is partly what happens. View quote
Daniel Kahneman
Mental effort, I would argue, is relatively rare. Most of the time we coast. View quote
Daniel Kahneman
People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel. (Daniel Kahneman)
I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness. View quote
Daniel Kahneman
People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations. View quote
Daniel Kahneman
Courage is willingness to take the risk once you know the odds. Optimistic overconfidence means you are taking the risk because you don't know the odds. It's a big difference. View quote
Daniel Kahneman
Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year. View quote
Daniel Kahneman