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We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Make
Possible
State
Story
True
Stories
States
Best
Perpetual
Live
Doubt

More quotes by Daniel Kahneman

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We can be blind to the obvious, and we are also blind to our blindness.
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Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.
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Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.
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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.
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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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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
Daniel Kahneman
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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
Daniel Kahneman
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An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.
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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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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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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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.
Daniel Kahneman
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Hindsight bias makes surprises vanish.
Daniel Kahneman
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By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
Daniel Kahneman
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Most people are highly optimistic most of the time.
Daniel Kahneman
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Money does not buy you happiness, but lack of money certainly buys you misery.
Daniel Kahneman
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My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
Daniel Kahneman
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When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
Daniel Kahneman
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Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.
Daniel Kahneman