Daniel Kahneman Quotes
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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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Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
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I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.
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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.
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A rare event will be overweighted if it specifically attracts attention. ... And when there is no overweighting, there will be neglect.
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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.
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Economists think about what people ought to do. Psychologists watch what they actually do.
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I'm not a great believer in self-help.
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When you analyze happiness, it turns out that the way you spend your time is extremely important.
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There's a lot of randomness in the decisions that people make.
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Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.
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If individuals are rational, there is no need to protect them against their own choices.
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It took Francis Galton several years to figure out that correlation and regression are not two concepts – they are different perspectives on the same concept. The general rule is straightforward but has surprising consequences: whenever the correlation between two scores is imperfect, there will be regression to the mean.
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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.
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All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.
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A recurrent theme of this book is that luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome.
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Nothing in life is as important as you think it is while you are thinking about it.
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We know that the French are very different from the Americans in their satisfaction with life. They're much less satisfied. Americans are pretty high up there, while the French are quite low - the world champions in life satisfaction are actually the Danes.
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The concept of happiness has to be reorganised.
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Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
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Courage is willingness to take the risk once you know the odds. Optimistic overconfidence means you are taking the risk because you don't know the odds. It's a big difference.
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So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
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People are really happier with friends than they are with their families or their spouse or their child.
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Through some combination of culture and biology, our minds are intuitively receptive to religion.