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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
Stocks
Investors
Companies
News
Company
Individual
Predictably
Flock
Flocks

More quotes by 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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There are some conditions where you have to trust your intuition.
Daniel Kahneman
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The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
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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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
Daniel Kahneman
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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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Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.
Daniel Kahneman
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Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
Daniel Kahneman
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People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being.
Daniel Kahneman
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Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
Daniel Kahneman
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... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
Daniel Kahneman
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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.
Daniel Kahneman
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I enjoy being active, but I look forward to the day when I can retire to the Internet.
Daniel Kahneman
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Establish a closing ritual. Know when to stop working. Try to end each work day the same way, too. Straighten up your desk. Back up your computer. Make a list of what you need to do tomorrow.
Daniel Kahneman
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One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
Daniel Kahneman
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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.
Daniel Kahneman
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We can be blind to the obvious, and we are also blind to our blindness.
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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I have always emphasized the willingness to discard.
Daniel Kahneman
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People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.
Daniel Kahneman