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Groups tend to be more extreme than individuals.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Tend
Groups
Individual
Extreme
Extremes
Individuals

More quotes by 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.
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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
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That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
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Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.
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There is a huge wave of interest in happiness among researchers. There is a lot of happiness coaching. Everybody would like to make people happier.
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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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Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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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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People have little idea, by and large, of the investment world. They are convinced they have an advantage.
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Often, the most enjoyable part of an activity is the anticipation.
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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.
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Experts don't know exactly where the boundaries of their expertise are.
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Each additional day together is a gift. The end of the day means the end of hostilities, the recognition that the underlying shared values and commitment to the relationship trump the need for one last dig or self-righteous justification.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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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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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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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
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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.
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