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People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Comes
Friendly
Timidity
Look
Enemies
Trigger
Looks
Appearance
Boldness
Like
Leaders
Triggers
People
Leader
Dominant
Doubt
Despise
Enemy
Quick
Friends
Optimistic
Protracted
More quotes by Daniel Kahneman
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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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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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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The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
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I have always emphasized the willingness to discard.
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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.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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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.
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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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Most people are highly optimistic most of the time.
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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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We're generally overconfident in our opinions and our impressions and judgments.
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Survival prospects are poor for an animal that is not suspicious of novelty.
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There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
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You should not take your intuitions at face value.
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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
Daniel Kahneman
