Daniel Kahneman Quotes & Sayings (Page 8)

“Hindsight bias makes surprises vanish.”

“It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.”

“Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.”

“If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.”

“Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace.”

“Economists think about what people ought to do. Psychologists watch what they actually do.”

“Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.”

“The average investor's return is significantly lower than market indices due primarily to market timing.”

“In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.”

“When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.”