Quote

It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.

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
Often
Patterns
Makes
Fit
Stories
Indeed
Littles
Matters
Find
Easier
Completeness
Little
Information
Coherent
Everything
Knowing
Consistency
Matter
Story
Pattern

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I have always emphasized the willingness to discard.
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When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
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Laziness is built deep into our nature.
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Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.
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The most effortful forms of slow thinking are those that require you to think fast.
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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.
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That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
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We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine.
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