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Some memories come with a very compelling sense of truth about them. And that happens to be the case even with memories that are not true.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Truth
Come
Compelling
Even
Case
Cases
Memories
Sense
True
Happens
More quotes by Daniel Kahneman
I'm not a great believer in self-help.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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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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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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Through some combination of culture and biology, our minds are intuitively receptive to religion.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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If individuals are rational, there is no need to protect them against their own choices.
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Often, the most enjoyable part of an activity is the anticipation.
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One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
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People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.
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All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.
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The most effortful forms of slow thinking are those that require you to think fast.
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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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Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period.
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It was always assumed I would be a professor. I grew up thinking it.
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You should not take your intuitions at face value.
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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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Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.
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There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
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