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We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Powerful
Contrary
Stake
Strong
Expect
Involve
Action
Importance
Stakes
Problem
Perhaps
Intuition
Reason
Problems
Improve
Emotion
Impulse
Quality
Emotions
High
Likely
Impulses

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You're surprised by something, but you don't really know what surprised you you recognize someone, but you don't really know what cues cause you to recognize that person.
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Often, the most enjoyable part of an activity is the anticipation.
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Experts don't know exactly where the boundaries of their expertise are.
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People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
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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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We can be blind to the obvious, and we are also blind to our blindness.
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You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
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What happens with fear is that probability doesn't matter very much. That is, once I have raised the possibility that something terrible can happen to your child, even though the possibility is remote, you may find it very difficult to think of anything else. Emotion becomes dominant.
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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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The easiest way to increase happiness is to control your use of time.
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In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
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Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
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If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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There is a huge wave of interest in happiness among researchers. There is a lot of happiness coaching. Everybody would like to make people happier.
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Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
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