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We are far too willing to reject the belief that much of what we see in life is random.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Random
Reject
Rejects
Willing
Belief
Much
Life

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The most effortful forms of slow thinking are those that require you to think fast.
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Experts don't know exactly where the boundaries of their expertise are.
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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.
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In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
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The concept of happiness has to be reorganised.
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People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.
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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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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.
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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.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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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.
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You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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It was always assumed I would be a professor. I grew up thinking it.
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An individual who expresses high confidence probably has a good story, which may or may not be true.
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