Quote

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.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Facts
Maintain
Tell
Illusion
Much
Crisis
Time
Accept
World
Accepting
Happened
Fact
Understandable
Understand
Incomprehensible

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People are really happier with friends than they are with their families or their spouse or their child.
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Hindsight bias makes surprises vanish.
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People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.
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