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Alternative descriptions of the same reality evoke different emotions and different associations.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Different
Evoke
Alternative
Association
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Alternatives
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Emotion
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Reality
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More quotes by Daniel Kahneman
Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period.
Daniel Kahneman
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long that means that, you know, in a life there are about 600 million of them in a month, there are about 600,000 - most of them don't leave a trace.
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People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being.
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When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
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The most effortful forms of slow thinking are those that require you to think fast.
Daniel Kahneman
Some memories come with a very compelling sense of truth about them. And that happens to be the case even with memories that are not true.
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.
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We're generally overconfident in our opinions and our impressions and judgments.
Daniel Kahneman
The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
Daniel Kahneman
Often, the most enjoyable part of an activity is the anticipation.
Daniel Kahneman
Survival prospects are poor for an animal that is not suspicious of novelty.
Daniel Kahneman
After a crisis we tell ourselves we understand why it happened and maintain the illusion that the world is understandable. In fact, we should accept the world is incomprehensible much of the time.
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When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses.
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I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.
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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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We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.
Daniel Kahneman
People have little idea, by and large, of the investment world. They are convinced they have an advantage.
Daniel Kahneman
That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel Kahneman
Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
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.
Daniel Kahneman