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Slow thinking has the feeling of something you do. It's deliberate.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Deliberate
Slow
Feeling
Feelings
Something
Thinking
More quotes by Daniel Kahneman
The most effortful forms of slow thinking are those that require you to think fast.
Daniel Kahneman
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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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.
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What happens with fear is that probability doesn't matter very much. That is, once I have raised the possibility that something terrible can happen to your child, even though the possibility is remote, you may find it very difficult to think of anything else. Emotion becomes dominant.
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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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Hindsight bias makes surprises vanish.
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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
Daniel Kahneman
People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
Daniel Kahneman
Question: So investors shouldn't delude themselves about beating the market? Answer: They're just not going to do it. It's just not going to happen.
Daniel Kahneman
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.
Daniel Kahneman
It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.
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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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You should not take your intuitions at face value.
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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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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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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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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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If individuals are rational, there is no need to protect them against their own choices.
Daniel Kahneman
The premise of this book is that it is easier to recognize other people's mistakes than your own.
Daniel Kahneman
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.
Daniel Kahneman