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Laziness is built deep into our nature.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Laziness
Built
Deep
Nature
More quotes by Daniel Kahneman
The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.
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Survival prospects are poor for an animal that is not suspicious of novelty.
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The concept of happiness has to be reorganised.
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It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.
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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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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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We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine.
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When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses.
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The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
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If individuals are rational, there is no need to protect them against their own choices.
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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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People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.
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I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
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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.
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It was always assumed I would be a professor. I grew up thinking it.
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Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.
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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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Experts don't know exactly where the boundaries of their expertise are.
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Most people are highly optimistic most of the time.
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A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.
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