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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Scientist
Elaborate
White
Psychologist
Stuff
Coat
Running
Coats
Really
Statistics
Scientists
Experiments
Aim
Psychologists
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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We are far too willing to reject the belief that much of what we see in life is random.
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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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Often, the most enjoyable part of an activity is the anticipation.
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Political columnists and sports pundits are rewarded for being overconfident.
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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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In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
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Through some combination of culture and biology, our minds are intuitively receptive to religion.
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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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We can be blind to the obvious, and we are also blind to our blindness.
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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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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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We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.
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Groups tend to be more extreme than individuals.
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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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So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
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Slow thinking has the feeling of something you do. It's deliberate.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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You should not take your intuitions at face value.
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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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