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You should not take your intuitions at face value.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Value
Face
Values
Faces
Take
Intuitions
Intuition

More quotes by Daniel Kahneman

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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.
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One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
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It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
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When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
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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 happiness has to be reorganised.
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The easiest way to increase happiness is to control your use of time.
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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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Slow thinking has the feeling of something you do. It's deliberate.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
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... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
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We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.
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The amount of success it takes for leaders to become overconfident isn't terribly large.
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Most people are highly optimistic most of the time.
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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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Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.
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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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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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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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