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Most things that couples disagree upon aren't worth more than a day's combat.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Couple
Worth
Upon
Things
Couples
Combat
Disagree
Aren

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I'm not a great believer in self-help.
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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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You should not take your intuitions at face value.
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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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By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.
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Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.
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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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It was always assumed I would be a professor. I grew up thinking it.
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The effort invested in 'getting it right' should be commensurate with the importance of the decision.
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Through some combination of culture and biology, our minds are intuitively receptive to religion.
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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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So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
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Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
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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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If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
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In essence, the optimistic style involves taking credit for successes but little blame for failures.
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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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We're generally overconfident in our opinions and our impressions and judgments.
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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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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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