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Daniel Kahneman Quotes
Daniel Kahneman Quotes
Daniel Kahneman
Israeli
Psychologist
Born:
Mar 5
,
1934
Life
People
Think
Time
Will
You
Related authors:
Abraham Maslow
B. F. Skinner
Carl Jung
Erich Fromm
Jordan Peterson
Sigmund Freud
Viktor E. Frankl
Wayne Dyer
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.
Daniel Kahneman
Challenges
Risks
People
Political
Taking Risks
Military
Our
Our Lives
Seeking
Inventors
Entrepreneurs
Shaping
Leaders
Taking
Make
Make A Difference
Got
Optimistic
Role
Difference
Where
Decisions
Average
Average People
Disproportionate
Lives
Play
We're blind to our blindness. We have very little idea of how little we know. We're not designed to know how little we know.
Daniel Kahneman
Our
Idea
Know
Blind
Blindness
How
Very
Little
Designed
Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.
Daniel Kahneman
Lose
Unfair
Rules
Punished
Follow
Pricing
Merchants
Employers
Policies
Fairness
Reduced
Sales
Expect
Productivity
Who
Violate
Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.
Daniel Kahneman
You
People
Rest
Some
More
Feel
Genetically
Bias
Normal
Optimism
Optimistic
Than
Person
Endowed
Us
Fortunate
Lucky
Lucky Person
Hardly
Need
The brains of humans contain a mechanism that is designed to give priority to bad news.
Daniel Kahneman
News
Bad
Give
Bad News
Contain
Priority
Brains
Mechanism
Designed
Humans
It's a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.
Daniel Kahneman
Positive
You
Wonderful
Healthy
Optimistic
Wonderful Thing
Keeps
Thing
Resilient
We're generally overconfident in our opinions and our impressions and judgments.
Daniel Kahneman
Our
Generally
Overconfident
Judgments
Opinions
Impressions
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
You
Better
Will
Assume
Outcome
Follow
Scenario
Know
Make
Fallacy
Which
Plan
Then
Should
Your
Planning
Even
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
Best
You
Sometimes
Will
Feelings
Big
Those
Share
Understand
Context
Overly
Impressed
Friends
Decisions
Them
Your
Help
Who
Serve
Yes, there is a burden of financial insecurity. I don't think you find it in mood. Income is correlated with life satisfaction, so maybe you do find it in life satisfaction. You don't find it in mood, and I think it is very important.
Daniel Kahneman
Life
You
Financial
Burden
Insecurity
Important
Think
Mood
Find
Yes
Very
Maybe
Satisfaction
Income
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
Loneliness
Suffering
Poverty
Others
Would
Emotional
Clearly
Like
Policy
Reduce
Source
Elderly
Certainly
Hindsight bias makes surprises vanish.
Daniel Kahneman
Vanish
Bias
Hindsight
Makes
Surprises
Adaptation seems to be, to a substantial extent, a process of reallocating your attention.
Daniel Kahneman
Seems
Attention
Substantial
Process
Your
Extent
Adaptation
We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.
Daniel Kahneman
Control
No Control
Over
Know
Doing
Very
Influenced
Automatic
Things
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
Nature
Artificial Intelligence
Intelligence
AI
Will
Shortcuts
Both
True
Biases
Very
Artificial
Human
Produce
Necessarily
Humans
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
People
Difficult
Negotiations
Easygoing
More
Tend
Allocation
Over
Pie
Because
Losses
Expanding
Much
Require
Bargain
Shrinking
Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.
Daniel Kahneman
Society
Rely
Highly
Clearly
Know
Fallible
Decision-Making
Should
When people evaluate their life, they compare themselves to a standard of what a successful life is, and it turns out that standard tends to be universal: People in Togo and Denmark have the same idea of what a good life is, and a lot of that has to do with money and material prosperity.
Daniel Kahneman
Life
Good
People
Money
Prosperity
Good Life
Out
Tends
Idea
Material
Denmark
Lot
Same
Themselves
Successful
Turns
Evaluate
Standard
Compare
Universal
One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.
Daniel Kahneman
Progress
Better
Lost
Past
Sense
One Thing
Volatility
Had
Getting
Getting Better
In The Past
Thing
Things
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
Day
You
Every Day
People
Money
Miserable
Every
Changes
Project
Worst
Possible
Possible Thing
Bad
Constantly
Following
Bad Idea
Count
Idea
Long-Term
Because
Losses
Very
Stocks
Owning
Short-Term
Sensitive
Your
Thing
We think of our future as anticipated memories.
Daniel Kahneman
Future
Memories
Think
Our
Anticipated
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
Age
Made
Before
Thinking
Extreme
Intuitive
Prone
Some
Except
Study
Mostly
Attribute
Fallacy
Issues
Effects
Just
Predictions
Planning
There's a lot of randomness in the decisions that people make.
Daniel Kahneman
People
Randomness
Make
Lot
Decisions
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
You
Cause
Recognize
Someone
Something
Know
Surprised
Person
Really
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
You
Book
Think
Case
Written
Read
Then
Differently
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
Time
You
Point
Idea
Well
Makes
How
Question
Done
Psychology
Ask
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