Daniel Kahneman Quotes:- Daniel Kahneman (born March 5, 1934) is an Israeli-American psychologist and economist 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.
Inspirational Daniel Kahneman Quotes
“Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.”-Daniel Kahneman
“Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of remembering self refers to your feelings when you think about your life.”-Daniel Kahneman
“Slow thinking has the feeling of something you do. It’s deliberate.”-Daniel Kahneman
“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.”-Daniel Kahneman
“When you analyze happiness, it turns out that the way you spend your time is extremely important.”-Daniel Kahneman
“It’s not a case of: ‘Read this book and then you’ll think differently. I’ve written this book, and I don’t think differently.”-Daniel Kahneman
“The idea that you can ask one question and it makes the point – well, that wasn’t how psychology was done at the time.”-Daniel Kahneman
“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.”-Daniel Kahneman
80+ Awesome Daniel Kahneman Quotes
“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.”-Daniel Kahneman
“Nothing in life is quite as important as you think it is while you’re thinking about it.”-Daniel Kahneman
“So your emotional state really has a lot to do with what you’re thinking about and what you’re paying attention to.”-Daniel Kahneman
“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
“The experiencing self lives in the moment; it is the one that answers the question, ‘Does it hurt?’ or ‘What were you thinking about just now?’ The remembering self is the one that answers questions about the overall evaluation of episodes or periods of one’s life, such as a stay in the hospital or the years since one left college.”-Daniel Kahneman
“Suppose you like someone very much. Then, by a familiar halo effect, you will also be prone to believe many good things about that person – you will be biased in their favor. Most of us like ourselves very much, and that suffices to explain self-assessments that are biased in a particular direction.”-Daniel Kahneman
“Nobody would say, ‘I’m voting for this guy because he’s got the stronger chin,’ but that, in fact, is partly what happens.”-Daniel Kahneman
Top Quotes By Nobel Laureate Daniel Kahneman
“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.”-Daniel Kahneman
“By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.”-Daniel Kahneman
“People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.”-Daniel Kahneman
“Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.”-Daniel Kahneman
“Policymakers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don’t think they are right, but that’s the way it is.”-Daniel Kahneman
“If individuals are rational, there is no need to protect them against their own choices.”-Daniel Kahneman
“Clearly, the decision-making that we rely on in society is fallible. It’s highly fallible, and we should know that.”-Daniel Kahneman
“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.”-Daniel Kahneman
Famous Daniel Kahneman Quotes About Money
“I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.”-Daniel Kahneman
“It’s very difficult to distinguish between what a person believes and what they say they believe.”-Daniel Kahneman
“People are very complex. And for a psychologist, you get fascinated by the complexity of human beings, and that is what I have lived with, you know, in my career, all of my life is the complexity of human beings.”-Daniel Kahneman
“If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.”-Daniel Kahneman
“Nothing in life is as important as you think it is while you are thinking about it.”-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.”-Daniel Kahneman
“The experiencing self lives its life continuously. It has moments of experience, one after the other.”-Daniel Kahneman
“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.”-Daniel Kahneman
Best Daniel Kahneman Quotes About economic
“Economists think about what people ought to do. Psychologists watch what they actually do.”-Daniel Kahneman
“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.”-Daniel Kahneman
“It’s nonsense to say money doesn’t buy happiness, but people exaggerate the extent to which more money can buy more happiness.”-Daniel Kahneman
“For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.”-Daniel Kahneman
“It doesn’t take many observations to think you’ve spotted a trend, and it’s probably not a trend at all.”-Daniel Kahneman
“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
Top 10 Daniel Kahneman Quotes And Sayings
“If you think in terms of major losses because losses loom much larger than gains – that’s a very well-established finding – you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.”-Daniel Kahneman
“In essence, the optimistic style involves taking credit for successes but little blame for failures.”-Daniel Kahneman
“Organizations may be better able to tame optimism than individuals are.”-Daniel Kahneman
“Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.”-Daniel Kahneman
“We’re beautiful devices. The devices work well; we’re all experts in what we do. But when the mechanism fails, those failures can tell you a lot about how the mind works.”-Daniel Kahneman
“Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.”-Daniel Kahneman
“The average investor’s return is significantly lower than market indices due primarily to market timing.”-Daniel Kahneman
“We’re generally overconfident in our opinions and our impressions and judgments.”-Daniel Kahneman
“All of us would be better investors if we just made fewer decisions.”-Daniel Kahneman
“We think of our future as anticipated memories.”-Daniel Kahneman
