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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.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Tables
Associations
Machines
Harvard
Dog
Cats
Works
Professors
Mind
Association
Way
Dogs
Things
Machine
Cat
More quotes by Daniel Kahneman
I'm not a great believer in self-help.
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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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Intelligence is not only the ability to reason it is also the ability to find relevant material in memory and to deploy attention when needed.
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All of us would be better investors if we just made fewer decisions.
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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.
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If you can't take the time for a vacation right now, or even a night out with friends, put something on the calendar - even if it's a month or a year down the road. Then whenever you need a boost of happiness, remind yourself about it.
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One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
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A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.
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Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.
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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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Often, the most enjoyable part of an activity is the anticipation.
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There are some conditions where you have to trust your intuition.
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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.
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Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
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If individuals are rational, there is no need to protect them against their own choices.
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It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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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
