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It was always assumed I would be a professor. I grew up thinking it.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Assumed
Professors
Grew
Always
Would
Thinking
Professor

More quotes by Daniel Kahneman

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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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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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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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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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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.
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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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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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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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We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine.
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Hindsight bias makes surprises vanish.
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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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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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All of us would be better investors if we just made fewer decisions.
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I enjoy being active, but I look forward to the day when I can retire to the Internet.
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The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.
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A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.
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Often, the most enjoyable part of an activity is the anticipation.
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Laziness is built deep into our nature.
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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
Daniel Kahneman
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Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.
Daniel Kahneman