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Richard Thaler Quotes: There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.
         

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.


Richard Thaler
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Other quotes of Richard Thaler


When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.



My mantra is if you want to help people accomplish some goal, make it easy.

My mantra is if you want to help people accomplish some goal, make it easy.



There's no reason to think that markets always drive people to what's good for them.

There's no reason to think that markets always drive people to what's good for them.



People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.



Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.



The lesson from behavioral economics is that people only save if it's automatic.

The lesson from behavioral economics is that people only save if it's automatic.



So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.



Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.



A good rule of thumb is to assume that everything matters.

A good rule of thumb is to assume that everything matters.



I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.





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Life is full of challenges. In the end it's getting up that pulls us through the dark day's. So that we can admire the sunset

Life is full of challenges. In the end it's getting up that pulls us through the dark day's. So that we can admire the sunset



Don't expect life to serve you what you expect. Just enjoy the buffet.

Don't expect life to serve you what you expect. Just enjoy the buffet.



Everything we do and think has consequences and everything is connected by this web and has a meaning. When we touch the web on one side of the world, it ripples through it to the other - and so on.

Everything we do and think has consequences and everything is connected by this web and has a meaning. When we touch the web on one side of the world, it ripples through it to the other - and so on.




dont wait for the perfect moment just take the moment and make it perfect

dont wait for the perfect moment just take the moment and make it perfect



Action will lead you forward to the success you desire.

Action will lead you forward to the success you desire.



It turns out that we literally don't empathize unless we're physically present - that the oxytocin, the famous "tend and befriend" hormone is not produced unless we're present with all five senses.

It turns out that we literally don't empathize unless we're physically present - that the oxytocin, the famous "tend and befriend" hormone is not produced unless we're present with all five senses.



When I err every one can see it, but not when I lie. [Ger., Wenn ich irre kann es jeder bemerken; wenn ich luge, nicht.]

When I err every one can see it, but not when I lie. [Ger., Wenn ich irre kann es jeder bemerken; wenn ich luge, nicht.]



When a role for a young guy is being offered to me, I think of River Phoenix. It feels like a loss.

When a role for a young guy is being offered to me, I think of River Phoenix. It feels like a loss.



[It is] the most hideous waterfront structure ever inflicted on a city by a combination of architectural conceit and official bad taste. the Cathedral of Asphalt.

[It is] the most hideous waterfront structure ever inflicted on a city by a combination of architectural conceit and official bad taste. the Cathedral of Asphalt.




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This page presents the quote "There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.". Author of this quote is Richard Thaler. This quote is about better off, action, commit, choices, my future, i can, cases,.