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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
Emphasized
Discard
Willingness
Always
More quotes by Daniel Kahneman
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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You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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Political columnists and sports pundits are rewarded for being overconfident.
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You're surprised by something, but you don't really know what surprised you you recognize someone, but you don't really know what cues cause you to recognize that person.
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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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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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It was always assumed I would be a professor. I grew up thinking it.
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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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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.
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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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If individuals are rational, there is no need to protect them against their own choices.
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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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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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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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The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.
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Hindsight bias makes surprises vanish.
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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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