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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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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Blindness
Obvious
Blind
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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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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If you can't take the time for a vacation right now, or even a night out with friends, put something on the calendar - even if it's a month or a year down the road. Then whenever you need a boost of happiness, remind yourself about it.
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Experts don't know exactly where the boundaries of their expertise are.
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Groups tend to be more extreme than individuals.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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There are some conditions where you have to trust your intuition.
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We're generally overconfident in our opinions and our impressions and judgments.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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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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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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People are really happier with friends than they are with their families or their spouse or their child.
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Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.
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I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.
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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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Slow thinking has the feeling of something you do. It's deliberate.
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People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.
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All of us would be better investors if we just made fewer decisions.
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Below an income of ... $60,000 a year, people are unhappy, and they get progressively unhappier the poorer they get. Above that, we get an absolutely flat line. ... Money does not buy you experiential happiness, but lack of money certainly buys you misery.
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