Experts don't know exactly where the boundaries of their expertise are. Daniel Kahneman More Quotes by Daniel Kahneman More Quotes From Daniel Kahneman A general “law of least effort” applies to cognitive as well as physical exertion. The law asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature. Daniel Kahneman skills law people When action is needed, optimism, even of the mildly delusional variety, may be a good thing. Daniel Kahneman optimism action may Often, the most enjoyable part of an activity is the anticipation. Daniel Kahneman activity enjoyable anticipation That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence. Daniel Kahneman organization leader real Survival prospects are poor for an animal that is not suspicious of novelty. Daniel Kahneman novelty survival animal The experiencing self lives its life continuously. It has moments of experience, one after the other. Daniel Kahneman moments self You should not take your intuitions at face value. Daniel Kahneman intuition should faces Alternative descriptions of the same reality evoke different emotions and different associations. Daniel Kahneman alternatives different reality It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all. Daniel Kahneman observation trends thinking Adaptation seems to be, to a substantial extent, a process of reallocating your attention. Daniel Kahneman adaptation process attention ... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question. Daniel Kahneman answers mind sometimes The premise of this book is that it is easier to recognize other people's mistakes than your own. Daniel Kahneman mistake book people I have always believed that scientific research is another domain where a form of optimism is essential to success: I have yet to meet a successful scientist who lacks the ability to exaggerate the importance of what he or she is doing, and I believe that someone who lacks a delusional sense of significance will wilt in the face of repeated experiences of multiple small failures and rare successes, the fate of most researchers. Daniel Kahneman fate successful believe Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day. Daniel Kahneman cheerful average looks The extra daily social time of 1.7 hours in weekends raises average happiness by about 2%. Daniel Kahneman hours weekend average The conclusion is straightforward : self-control requires attention and effort. Daniel Kahneman effort self attention One study found that people who just thought about watching their favorite movie actually raised their endorphin levels by 27 percent. Daniel Kahneman levels study people The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the [investment management] industry. Daniel Kahneman aberration skills culture 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 consistency knowing stories The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics. Daniel Kahneman aversion psychology loss
