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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
True
Happens
Truth
Come
Compelling
Even
Case
Cases
Memories
Sense

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It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.
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If individuals are rational, there is no need to protect them against their own choices.
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Laziness is built deep into our nature.
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The most effortful forms of slow thinking are those that require you to think fast.
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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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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.
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Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
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Groups tend to be more extreme than individuals.
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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Slow thinking has the feeling of something you do. It's deliberate.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
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You're surprised by something, but you don't really know what surprised you you recognize someone, but you don't really know what cues cause you to recognize that person.
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When people believe a conclusion is true, they are also very likely to believe arguments that appear to support it, even when these arguments are unsound.
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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.
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Most people are highly optimistic most of the time.
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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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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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It was always assumed I would be a professor. I grew up thinking it.
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It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.
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