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Daniel Kahneman Quotes: All of us would be better investors if we just made fewer decisions.
         

All of us would be better investors if we just made fewer decisions.


Daniel Kahneman
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Other quotes of Daniel Kahneman


The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.

The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.



We can be blind to the obvious, and we are also blind to our blindness.

We can be blind to the obvious, and we are also blind to our blindness.



Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.



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

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



This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.

This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.



The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.

The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.



Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.

Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.



By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.

By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.



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

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



We're generally overconfident in our opinions and our impressions and judgments.

We're generally overconfident in our opinions and our impressions and judgments.





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It is better to be young in your failures than old in your successes.

It is better to be young in your failures than old in your successes.



And I've always been paranoid. I can remember as a baby my mother would spin the mobile above my head and thinking..."yeah, that's coming down."

And I've always been paranoid. I can remember as a baby my mother would spin the mobile above my head and thinking..."yeah, that's coming down."



Watch the growth of middle level management. Don't automatically fill vacant jobs. Leave some positions unfilled for 6-8 months to see what happens. You will find you won't need to fill some of them.

Watch the growth of middle level management. Don't automatically fill vacant jobs. Leave some positions unfilled for 6-8 months to see what happens. You will find you won't need to fill some of them.



I like sitting at outdoor restaurants; it would be nice to go someplace on the street and not worry about somebody taking my picture while I'm about to take a bite of something.

I like sitting at outdoor restaurants; it would be nice to go someplace on the street and not worry about somebody taking my picture while I'm about to take a bite of something.



If you're working on something that isn't very demanding, isn't very fulfilling, then you have all this energy to burn, and you can go crazy.

If you're working on something that isn't very demanding, isn't very fulfilling, then you have all this energy to burn, and you can go crazy.



These individulas have riches just as we say that we 'have a fever,' when really the fever has us.

These individulas have riches just as we say that we 'have a fever,' when really the fever has us.



How beautiful it is and how easily it can be broken.

How beautiful it is and how easily it can be broken.



In 1969, nationwide, female professors who had never been married and never published earned 145% of their counterpart male colleagues.

In 1969, nationwide, female professors who had never been married and never published earned 145% of their counterpart male colleagues.




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This page presents the quote "All of us would be better investors if we just made fewer decisions.". Author of this quote is Daniel Kahneman. This quote is about would be, decision, fewer, investors, made,.