Daniel Kahneman
Daniel Kahneman
Daniel Kahnemanis an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences. His empirical findings challenge the assumption of human rationality prevailing in modern economic theory...
NationalityIsraeli
ProfessionPsychologist
Date of Birth5 March 1934
CountryIsrael
Daniel Kahneman quotes about
thinking experts
Most of the time, we think fast. And most of the time we're really expert at what we're doing, and most of the time, what we do is right.
optimistic people
Most people are highly optimistic most of the time.
quality stories littles
The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.
people hearing facts
You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
easy insurance-companies company
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
thinking would-be professors
It was always assumed I would be a professor. I grew up thinking it.
thinking form
The most effortful forms of slow thinking are those that require you to think fast.
powerful organization optimism
However, optimism is highly valued, socially and in the market; people and firms reward the providers of dangerously misleading information more than they reward truth tellers. One of the lessons of the financial crisis that led to the Great Recession is that there are periods in which competition, among experts and among organizations, creates powerful forces that favor a collective blindness to risk and uncertainty.
intelligent use care
If you care about being thought credible and intelligent, do not use complex language where simpler language will do.
errors objectives observers
We are often confident even when we are wrong, and an objective observer is more likely to detect our errors than we are.
optimism may action
When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
powerful believe skills
Finally, the illusions of validity and skill are supported by a powerful professional culture. We know that people can maintain an unshakeable faith in any proposition, however absurd, when they are sustained by a community of like-minded believers. Given the professional culture of the financial community, it is not surprising that large numbers of individuals in that world believe themselves to be among the chosen few who can do what they believe others cannot.
couple combat disagree
Most things that couples disagree upon aren't worth more than a day's combat...
trying way lists
Establish a closing ritual. Know when to stop working. Try to end each work day the same way, too. Straighten up your desk. Back up your computer. Make a list of what you need to do tomorrow.