Quote

The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Even
Quality
Belief
Story
Individual
Mostly
Tell
Beliefs
Stories
Individuals
Littles
Confidence
Little
Depends

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Slow thinking has the feeling of something you do. It's deliberate.
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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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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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Some memories come with a very compelling sense of truth about them. And that happens to be the case even with memories that are not true.
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The most effortful forms of slow thinking are those that require you to think fast.
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Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period.
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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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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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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.
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Experts don't know exactly where the boundaries of their expertise are.
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I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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