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Daniel Kahneman Quotes: People have little idea, by and large, of the investment world. They are convinced they have an advantage.
         

People have little idea, by and large, of the investment world. They are convinced they have an advantage.


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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Yesterday is a pile of rubble. Today is a pile of opportunity. Life takes a new dump each morning

Yesterday is a pile of rubble. Today is a pile of opportunity. Life takes a new dump each morning



Have you ever not known something but known it at the same time?

Have you ever not known something but known it at the same time?



The reason I make art is because I get to make a choice about who I am, what I do, and what I put out into the world, the footsteps I leave behind.

The reason I make art is because I get to make a choice about who I am, what I do, and what I put out into the world, the footsteps I leave behind.



I was always sweet, at first. Oh, it's so easy to be sweet to people before you love them.

I was always sweet, at first. Oh, it's so easy to be sweet to people before you love them.



I tell you, the arts - and especially ballet - the discipline is extraordinary. I was extremely impressed.

I tell you, the arts - and especially ballet - the discipline is extraordinary. I was extremely impressed.



Sometimes you have to search for inspiration with characters, and other times, they just drop out of the sky and arrive.

Sometimes you have to search for inspiration with characters, and other times, they just drop out of the sky and arrive.



You try and live your life as normally as possible and if someone invents a rumor that I have two vaginas, so be it. There's nothing I can do about it.

You try and live your life as normally as possible and if someone invents a rumor that I have two vaginas, so be it. There's nothing I can do about it.



Why do you not practise what you preach.

Why do you not practise what you preach.



Only failure makes us experts.

Only failure makes us experts.




Quote Description


This page presents the quote "People have little idea, by and large, of the investment world. They are convinced they have an advantage.". Author of this quote is Daniel Kahneman. This quote is about money, investment, advantage, people, convinced, ideas, world,.