Quote

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

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Live
Remembering
Self
Contrast
Think
Experienced
Thinking
Satisfaction
Life
Happiness
Happy
Feelings
Remember
Refers

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People have little idea, by and large, of the investment world. They are convinced they have an advantage.
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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.
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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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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
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Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.
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We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.
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I'm not a great believer in self-help.
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Most things that couples disagree upon aren't worth more than a day's combat.
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Slow thinking has the feeling of something you do. It's deliberate.
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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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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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We are far too willing to reject the belief that much of what we see in life is random.
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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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If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
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Survival prospects are poor for an animal that is not suspicious of novelty.
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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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Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long that means that, you know, in a life there are about 600 million of them in a month, there are about 600,000 - most of them don't leave a trace.
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Through some combination of culture and biology, our minds are intuitively receptive to religion.
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You should not take your intuitions at face value.
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Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
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