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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Good
Expertise
Feedback
Intuitive
Mistakes
Learned
Mistake
Experience
True
Prolonged
More quotes by Daniel Kahneman
Alternative descriptions of the same reality evoke different emotions and different associations.
Daniel Kahneman
All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.
Daniel Kahneman
You should not take your intuitions at face value.
Daniel Kahneman
Below an income of ... $60,000 a year, people are unhappy, and they get progressively unhappier the poorer they get. Above that, we get an absolutely flat line. ... Money does not buy you experiential happiness, but lack of money certainly buys you misery.
Daniel Kahneman
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
Daniel Kahneman
An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.
Daniel Kahneman
Money does not buy you happiness, but lack of money certainly buys you misery.
Daniel Kahneman
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.
Daniel Kahneman
We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.
Daniel Kahneman
I enjoy being active, but I look forward to the day when I can retire to the Internet.
Daniel Kahneman
People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.
Daniel Kahneman
Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.
Daniel Kahneman
The most effortful forms of slow thinking are those that require you to think fast.
Daniel Kahneman
Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
Daniel Kahneman
The concept of happiness has to be reorganised.
Daniel Kahneman
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.
Daniel Kahneman
The amount of success it takes for leaders to become overconfident isn't terribly large.
Daniel Kahneman
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.
Daniel Kahneman
That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel Kahneman
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.
Daniel Kahneman