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The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Rich
Getting
Unequivocal
Great
Skill
People
Luck
Skills
Evidence
Deal
Deals

More quotes by Daniel Kahneman

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Establish a closing ritual. Know when to stop working. Try to end each work day the same way, too. Straighten up your desk. Back up your computer. Make a list of what you need to do tomorrow.
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People are really happier with friends than they are with their families or their spouse or their child.
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Experts don't know exactly where the boundaries of their expertise are.
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.
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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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When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.
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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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The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.
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The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.
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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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Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.
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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
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Managers think of themselves as captains of a ship on a stormy sea. Risk for them is danger, but they are fighting it, very controlled.
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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 easiest way to increase happiness is to control your use of time.
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We can be blind to the obvious, and we are also blind to our blindness.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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I'm not a great believer in self-help.
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