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We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Decision
Lest
Make
Associates
People
Fairly
Quickly
Decisions
Indecisive
Perception
Decisiveness
Leadership
Pushes
Seen
Associate

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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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Groups tend to be more extreme than individuals.
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This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.
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Acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions.
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You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
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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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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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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.
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Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true.
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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
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All of us would be better investors if we just made fewer decisions.
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