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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 easiest way to increase happiness is to control your use of time.
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If individuals are rational, there is no need to protect them against their own choices.
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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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We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action.
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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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Laziness is built deep into our nature.
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We can be blind to the obvious, and we are also blind to our blindness.
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The premise of this book is that it is easier to recognize other people's mistakes than your own.
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Experts don't know exactly where the boundaries of their expertise are.
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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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My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
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That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
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