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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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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Story
Keep
Stories
Tells
Experiences
Memory
Memories

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Alternative descriptions of the same reality evoke different emotions and different associations.
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Most things that couples disagree upon aren't worth more than a day's combat.
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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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If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
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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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Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
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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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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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Survival prospects are poor for an animal that is not suspicious of novelty.
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After a crisis we tell ourselves we understand why it happened and maintain the illusion that the world is understandable. In fact, we should accept the world is incomprehensible much of the time.
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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.
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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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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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It was always assumed I would be a professor. I grew up thinking it.
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We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action.
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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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