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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

More quotes by Daniel Kahneman

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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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People have little idea, by and large, of the investment world. They are convinced they have an advantage.
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People who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.
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I have always emphasized the willingness to discard.
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All of us would be better investors if we just made fewer decisions.
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A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.
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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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Often, the most enjoyable part of an activity is the anticipation.
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Our memory tells us stories, that is, what we get to keep from our experiences is a story.
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There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.
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It was always assumed I would be a professor. I grew up thinking it.
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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.
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The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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We can be blind to the obvious, and we are also blind to our blindness.
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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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Intelligence is not only the ability to reason it is also the ability to find relevant material in memory and to deploy attention when needed.
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People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
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Political columnists and sports pundits are rewarded for being overconfident.
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Each additional day together is a gift. The end of the day means the end of hostilities, the recognition that the underlying shared values and commitment to the relationship trump the need for one last dig or self-righteous justification.
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