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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Future
Understand
Past
Fosters
Predict
Illusion
Ability
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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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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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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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If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
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