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Daniel Kahneman Quotes: The average investor's return is significantly lower than market indices due primarily to market timing.
         

The average investor's return is significantly lower than market indices due primarily to market timing.


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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The real problems of our planet are not economic or technical, they are philosophical. The philosophy of unbridled materialism is being challenged by events.

The real problems of our planet are not economic or technical, they are philosophical. The philosophy of unbridled materialism is being challenged by events.



We much be greater than what we suffer

We much be greater than what we suffer



When you know who you truly are, the need to compare yourself to others would become highly unnecessary.

When you know who you truly are, the need to compare yourself to others would become highly unnecessary.



If we would remember that all the trees of earth are marked for the woodman's axe, we should not be so ready to build our nests in them.

If we would remember that all the trees of earth are marked for the woodman's axe, we should not be so ready to build our nests in them.



I think there's going to be a lot of Americans who are really willing to be much more active than they were before, because they're worried about where Trump is headed.

I think there's going to be a lot of Americans who are really willing to be much more active than they were before, because they're worried about where Trump is headed.



Art is constitutive-the artist determines beauty. He does not take it over.

Art is constitutive-the artist determines beauty. He does not take it over.



No one ever owns a cat...you share a common habitation on a basis of equal rights and mutual respects...although somehow the cat always comes out ahead of the deal.

No one ever owns a cat...you share a common habitation on a basis of equal rights and mutual respects...although somehow the cat always comes out ahead of the deal.



i am a trickster who doesn't know solitude

i am a trickster who doesn't know solitude



The purpose of autonomous driving is to eliminate accidents.

The purpose of autonomous driving is to eliminate accidents.



Let's create an integrated global community where we have shared benefits and responsibilities, and we don't fight because of our differences.

Let's create an integrated global community where we have shared benefits and responsibilities, and we don't fight because of our differences.




Quote Description


This page presents the quote "The average investor's return is significantly lower than market indices due primarily to market timing.". Author of this quote is Daniel Kahneman. This quote is about timing, return, average, market timing,.