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I have always emphasized the willingness to discard.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Always
Emphasized
Discard
Willingness

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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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I'm not a great believer in self-help.
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If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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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.
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All of us would be better investors if we just made fewer decisions.
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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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Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.
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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.
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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
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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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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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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.
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Often, the most enjoyable part of an activity is the anticipation.
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The concept of happiness has to be reorganised.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
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Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
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People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.
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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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