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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
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
State
States
Really
Thinking
Paying
Emotional
Attention
More quotes by Daniel Kahneman
Political columnists and sports pundits are rewarded for being overconfident.
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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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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.
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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.
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We are far too willing to reject the belief that much of what we see in life is random.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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Managers think of themselves as captains of a ship on a stormy sea. Risk for them is danger, but they are fighting it, very controlled.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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Establish a closing ritual. Know when to stop working. Try to end each work day the same way, too. Straighten up your desk. Back up your computer. Make a list of what you need to do tomorrow.
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Each additional day together is a gift. The end of the day means the end of hostilities, the recognition that the underlying shared values and commitment to the relationship trump the need for one last dig or self-righteous justification.
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It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.
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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.
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The most effortful forms of slow thinking are those that require you to think fast.
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Groups tend to be more extreme than individuals.
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Often, the most enjoyable part of an activity is the anticipation.
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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
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It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.
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Individual investors predictably flock to stocks in companies that are in the news.
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Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.
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A large portion of the weekend effects is explained by differences in the amount of time spent with friends or family between weekends and weekdays.
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