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A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Loss
Accepting
Gambles
Peace
Unacceptable
Persons
Losses
Person
Gamble
Made
Likely
Would
Otherwise
Accept

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Experts don't know exactly where the boundaries of their expertise are.
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We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.
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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
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