Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
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.
Daniel Kahneman
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Better
Serious
Academia
World
Brain
Scientists
Attention
Investment
Understanding
Wave
Community
Scientist
Whether
Financial
Future
Seek
Money
Pay
Maximize
More quotes by Daniel Kahneman
Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
Daniel Kahneman
People are really happier with friends than they are with their families or their spouse or their child.
Daniel Kahneman
Through some combination of culture and biology, our minds are intuitively receptive to religion.
Daniel Kahneman
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
The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.
Daniel Kahneman
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.
Daniel Kahneman
The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
Daniel Kahneman
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
The effort invested in 'getting it right' should be commensurate with the importance of the decision.
Daniel Kahneman
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.
Daniel Kahneman
Experts don't know exactly where the boundaries of their expertise are.
Daniel Kahneman
All of us would be better investors if we just made fewer decisions.
Daniel Kahneman
People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
Daniel Kahneman
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.
Daniel Kahneman
If individuals are rational, there is no need to protect them against their own choices.
Daniel Kahneman
An individual who expresses high confidence probably has a good story, which may or may not be true.
Daniel Kahneman
Groups tend to be more extreme than individuals.
Daniel Kahneman
It was always assumed I would be a professor. I grew up thinking it.
Daniel Kahneman
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.
Daniel Kahneman
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.
Daniel Kahneman
