Daniel Kahneman quotes - page 6

Familiarity breeds liking. (Daniel Kahneman)
Moses illusion. View quote
Daniel Kahneman
The correct lesson to learn from surprises: the world is surprising. View quote
Daniel Kahneman
People who make a difference do not die alone. Something dies in everyone who was affected by them. View quote
Daniel Kahneman
If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable. View quote
Daniel Kahneman
It's not a case of: 'Read this book and then you'll think differently. I've written this book, and I don't think differently. View quote
Daniel Kahneman
People's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that. View quote
Daniel Kahneman
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted. View quote
Daniel Kahneman
We know that the French are very different from the Americans in their satisfaction with life. They're much less satisfied. Americans are pretty high up there, while the French are quite low - the world champions in life satisfaction are actually the Danes. View quote
Daniel Kahneman
There's a lot of randomness in the decisions that people make. View quote
Daniel Kahneman
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities. (Daniel Kahneman)
The experiencing self lives in the moment; it is the one that answers the question, 'Does it hurt?' or 'What were you thinking about just now?' The remembering self is the one that answers questions about the overall evaluation of episodes or periods of one's life, such as a stay in the hospital or the years since one left college. View quote
Daniel Kahneman
We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine. View quote
Daniel Kahneman
Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong. View quote
Daniel Kahneman
All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal. View quote
Daniel Kahneman
We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it. View quote
Daniel Kahneman
It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness. View quote
Daniel Kahneman
Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is. View quote
Daniel Kahneman
Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them. View quote
Daniel Kahneman
Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that. View quote
Daniel Kahneman
So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to. (Daniel Kahneman)
It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all. View quote
Daniel Kahneman
Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true. View quote
Daniel Kahneman
Most of the time, we think fast. And most of the time we're really expert at what we're doing, and most of the time, what we do is right. View quote
Daniel Kahneman
In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas. View quote
Daniel Kahneman