Quote

If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.

Daniel Kahneman

Change background

T
T
T

Change font

TAGS & TOPICS

Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Wells
Constructs
Well
Grounded
Feel
Regardless
Feels
Confident
People
Story
Simple
Reality
Coherent
Stories
Construct

More quotes by Daniel Kahneman

Image
The most effortful forms of slow thinking are those that require you to think fast.
Daniel Kahneman
Image
The dominance of conclusions over arguments is most pronounced where emotions are involved.
Daniel Kahneman
Image
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.
Daniel Kahneman
Image
We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine.
Daniel Kahneman
Image
The easiest way to increase happiness is to control your use of time.
Daniel Kahneman
Image
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.
Daniel Kahneman
Image
If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
Daniel Kahneman
Image
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.
Daniel Kahneman
Image
Most things that couples disagree upon aren't worth more than a day's combat.
Daniel Kahneman
Image
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.
Daniel Kahneman
Image
Experts don't know exactly where the boundaries of their expertise are.
Daniel Kahneman
Image
A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.
Daniel Kahneman
Image
People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.
Daniel Kahneman
Image
We are far too willing to reject the belief that much of what we see in life is random.
Daniel Kahneman
Image
People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
Daniel Kahneman
Image
Hindsight bias makes surprises vanish.
Daniel Kahneman
Image
That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel Kahneman
Image
I'm not a great believer in self-help.
Daniel Kahneman
Image
An individual who expresses high confidence probably has a good story, which may or may not be true.
Daniel Kahneman
Image
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
Daniel Kahneman