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 that they are the same.
Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance. - 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
True intuitive expertise is learned from prolonged experience with good feedback on mistakes. - Daniel Kahneman
True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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
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…
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
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.
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
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.
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
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…
A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian… - Daniel Kahneman
A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian…
If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality. - Daniel Kahneman
If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.
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
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…
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