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The amount of success it takes for leaders to become overconfident isn't terribly large.
Daniel Kahneman
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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Amount
Leader
Takes
Success
Become
Terribly
Leaders
Large
More quotes by Daniel Kahneman
There is a huge wave of interest in happiness among researchers. There is a lot of happiness coaching. Everybody would like to make people happier.
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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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There are some conditions where you have to trust your intuition.
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It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.
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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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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.
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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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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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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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... 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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Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true.
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Often, the most enjoyable part of an activity is the anticipation.
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I have always emphasized the willingness to discard.
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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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It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.
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People have little idea, by and large, of the investment world. They are convinced they have an advantage.
Daniel Kahneman
I'm not a great believer in self-help.
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People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being.
Daniel Kahneman
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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In essence, the optimistic style involves taking credit for successes but little blame for failures.
Daniel Kahneman