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Daniel Kahneman Quotes: Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
         

Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.


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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Sports are my favorite. It's the first thing I turn to every day.

Sports are my favorite. It's the first thing I turn to every day.



I'm not trying to prove that I'm capable of doing many things.

I'm not trying to prove that I'm capable of doing many things.



The sun will shine on those who stand before it shines on those who kneel under them.

The sun will shine on those who stand before it shines on those who kneel under them.



Whenever you're in doubt about any action, ask yourself: Is it true? Is it necessary? Is it kind? You can also ask, what would love do now?

Whenever you're in doubt about any action, ask yourself: Is it true? Is it necessary? Is it kind? You can also ask, what would love do now?



Belonging to oneself--the whole essence of life lies in that.

Belonging to oneself--the whole essence of life lies in that.



I have my once-a-month nachos, but it's soy cheese and turkey chili on it, so it's somewhat safe. But it's still a big vice for me, because I have a big bowl of it.

I have my once-a-month nachos, but it's soy cheese and turkey chili on it, so it's somewhat safe. But it's still a big vice for me, because I have a big bowl of it.



I was the youngest child and got a lot more freedom than my brother and sister. I used to wander, doing my own thing under the radar, but I didn't get in bad, bad trouble.

I was the youngest child and got a lot more freedom than my brother and sister. I used to wander, doing my own thing under the radar, but I didn't get in bad, bad trouble.



When I look back on my marriages, or the breakups, sure I know the pain I went through, but that's part of life and it has its own value.

When I look back on my marriages, or the breakups, sure I know the pain I went through, but that's part of life and it has its own value.




Quote Description


This page presents the quote "Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.". Author of this quote is Daniel Kahneman. This quote is about behave, protect, mean, doe, running, executives,.