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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
Description
Alternatives
Emotions
Emotion
Descriptions
Reality
Associations
Different
Evoke
Alternative
Association

More quotes by Daniel Kahneman

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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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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.
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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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We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.
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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.
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The most effortful forms of slow thinking are those that require you to think fast.
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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.
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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.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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Intelligence is not only the ability to reason it is also the ability to find relevant material in memory and to deploy attention when needed.
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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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People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.
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A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.
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Individual investors predictably flock to stocks in companies that are in the news.
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Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.
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