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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.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Cases
Assume
Best
Planning
Better
Assuming
Even
Plan
Scenario
Make
Case
Fallacy
Follow
Scenarios
Usually
Outcome
Plans
Outcomes

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The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
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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 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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