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Individual investors predictably flock to stocks in companies that are in the news.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Flock
Flocks
Stocks
Investors
Companies
News
Company
Individual
Predictably

More quotes by Daniel Kahneman

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Slow thinking has the feeling of something you do. It's deliberate.
Daniel Kahneman
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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.
Daniel Kahneman
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That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel Kahneman
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So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
Daniel Kahneman
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
Daniel Kahneman
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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.
Daniel Kahneman
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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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When people believe a conclusion is true, they are also very likely to believe arguments that appear to support it, even when these arguments are unsound.
Daniel Kahneman
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An individual who expresses high confidence probably has a good story, which may or may not be true.
Daniel Kahneman
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We're generally overconfident in our opinions and our impressions and judgments.
Daniel Kahneman
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Most things that couples disagree upon aren't worth more than a day's combat.
Daniel Kahneman
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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.
Daniel Kahneman
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Often, the most enjoyable part of an activity is the anticipation.
Daniel Kahneman
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If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
Daniel Kahneman
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Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long that means that, you know, in a life there are about 600 million of them in a month, there are about 600,000 - most of them don't leave a trace.
Daniel Kahneman
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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
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When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
Daniel Kahneman
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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
Daniel Kahneman
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We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.
Daniel Kahneman
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Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.
Daniel Kahneman