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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
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Actually
Surprising
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Compared
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Women
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Cheerful
More quotes by Daniel Kahneman
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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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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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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We're generally overconfident in our opinions and our impressions and judgments.
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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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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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When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
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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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I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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Intelligence is not only the ability to reason it is also the ability to find relevant material in memory and to deploy attention when needed.
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Question: So investors shouldn't delude themselves about beating the market? Answer: They're just not going to do it. It's just not going to happen.
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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 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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Hindsight bias makes surprises vanish.
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You should not take your intuitions at face value.
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Each additional day together is a gift. The end of the day means the end of hostilities, the recognition that the underlying shared values and commitment to the relationship trump the need for one last dig or self-righteous justification.
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Political columnists and sports pundits are rewarded for being overconfident.
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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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All of us would be better investors if we just made fewer decisions.
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