You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general. Daniel Kahneman More Quotes by Daniel Kahneman More Quotes From 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 psychology done ideas It was always assumed I would be a professor. I grew up thinking it. Daniel Kahneman professors would-be thinking 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 causes persons knows Question: So investors shouldn't delude themselves about beating the market? Answer: "They're just not going to do it. It's just not going to happen." Daniel Kahneman investing answers happens There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance. Daniel Kahneman investing agreement games People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and emotional well-being. Daniel Kahneman emotional loneliness people When you look at the books about well-being, you see one word - it's happiness. People do not distinguish. Daniel Kahneman book people looks 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 more-money nonsense people People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure. Daniel Kahneman economy workplace people You can always find an evolutionary quotation for anything. But the question is whether it's functional, which is not the same as being evolutionary. Daniel Kahneman quotations evolution There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave. Daniel Kahneman analysis opportunity people Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year. Daniel Kahneman able skills years People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion. Daniel Kahneman personality people thinking 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. Daniel Kahneman live-your-life self thinking My impression is that the elimination of memories greatly reduces the value of the experience. Daniel Kahneman elimination impression memories One emphasis of my research has been on the question of how people spend their time. Time is the ultimate finite resource, or course, so the question of how people spend it would seem to be important. Daniel Kahneman important research people Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally. Daniel Kahneman doe running mean Organizations may be better able to tame optimism than individuals are. Daniel Kahneman optimism able organization 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 optimism optimistic people Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments. Daniel Kahneman coats white running
