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People have little idea, by and large, of the investment world. They are convinced they have an advantage.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Littles
Ideas
Little
Investment
World
Convinced
People
Large
Advantage
Idea
Money

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The amount of success it takes for leaders to become overconfident isn't terribly large.
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It was always assumed I would be a professor. I grew up thinking it.
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The dominance of conclusions over arguments is most pronounced where emotions are involved.
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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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Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.
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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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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.
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Individual investors predictably flock to stocks in companies that are in the news.
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