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 d…

- Daniel Kahneman

True intuitive expertise is learned from prolonged experience with good feedback on mistakes.

- 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…

- Daniel Kahneman

Mind is a machine for jumping to conclusions

- Daniel Kahneman

The illusion that we understand the past fosters overconfidence in our ability to predict the future.

- Daniel Kahneman

Every night for the next week, set aside ten minutes before you go to sleep. Write down three things that went well today and why they went well...Wr…

- Daniel Kahneman

We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.

- Daniel Kahneman

Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.

- Daniel Kahneman

Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.

- Daniel Kahneman