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Daniel Kahneman Quotes: 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.
         

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.


Daniel Kahneman
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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.
         



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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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Betrayal. Lust. Secrecy. Devotion. I think we do these things to feel more alive. When the truth is that alive is alive -- you can feel it in anything, if you give it a chance.

Betrayal. Lust. Secrecy. Devotion. I think we do these things to feel more alive. When the truth is that alive is alive -- you can feel it in anything, if you give it a chance.



I'm too open minded that I don't know what to mind anymore.

I'm too open minded that I don't know what to mind anymore.



We have a racially based justice system that overpunishes, fails to rehabilitate, and doesn't make us safer.

We have a racially based justice system that overpunishes, fails to rehabilitate, and doesn't make us safer.



I think if I could not get myself off my cushion, off my couch, or away from whatever I'm eating - or drinking or partying or whatever - if I couldn't get away from that, I would have a heavy heart.

I think if I could not get myself off my cushion, off my couch, or away from whatever I'm eating - or drinking or partying or whatever - if I couldn't get away from that, I would have a heavy heart.



Most of us start from that position of irony now and what I wanted to do - really felt like I had to do if I was going to write another novel - was move towards something like sincerity.

Most of us start from that position of irony now and what I wanted to do - really felt like I had to do if I was going to write another novel - was move towards something like sincerity.



The ball is like a woman, she loves to be caressed.

The ball is like a woman, she loves to be caressed.



I've been around the world and I've had bras made in different places, and each time I'm experiencing the same troubles: the painful shoulders, the underwire cutting into my flesh.

I've been around the world and I've had bras made in different places, and each time I'm experiencing the same troubles: the painful shoulders, the underwire cutting into my flesh.



Even to smile at the misfortunes of others is to do an injury.

Even to smile at the misfortunes of others is to do an injury.



It depends little on the object, much on the mood, in art.

It depends little on the object, much on the mood, in art.



Nothing comes out of nothing.

Nothing comes out of nothing.




Quote Description


This page presents the quote "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.". Author of this quote is Daniel Kahneman. This quote is about chance, mind, success,.