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Daniel Kahneman Quotes: There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance.
         

There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance.


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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Spurious fame spreads from tongue to tongue like the fog of the early dawn before the sun rises.

Spurious fame spreads from tongue to tongue like the fog of the early dawn before the sun rises.



Among mortals second thoughts are wisest.

Among mortals second thoughts are wisest.



Some say love, it is a razor that leaves your soul to bleed.

Some say love, it is a razor that leaves your soul to bleed.



Feare keepes the garden better then the gardiner.

Feare keepes the garden better then the gardiner.



And Vishous. . . V was the worst of them. He stood by the door, staring into space. Icy before, he was glacial now, a sinkhole in the room. -Phury's thoughts

And Vishous. . . V was the worst of them. He stood by the door, staring into space. Icy before, he was glacial now, a sinkhole in the room. -Phury's thoughts



Limited by the world, which I oppose, jagged by it, I shall be all the more handsome and sparkling as the angles which wound me and give me shape are more acute and the jagging more cruel.

Limited by the world, which I oppose, jagged by it, I shall be all the more handsome and sparkling as the angles which wound me and give me shape are more acute and the jagging more cruel.



The good news for Nigeria is that they're two-nil down very early in the game.

The good news for Nigeria is that they're two-nil down very early in the game.



I suspect that my thinking is an eclectic mix, not pure net-net because I couldn’t do it anyway so you have to have a new something to hang your hat on. But the framework stays the same.

I suspect that my thinking is an eclectic mix, not pure net-net because I couldn’t do it anyway so you have to have a new something to hang your hat on. But the framework stays the same.



Every time you pick up an instrument, it's not always out of necessity - for a certain kind of person, it's a choice.

Every time you pick up an instrument, it's not always out of necessity - for a certain kind of person, it's a choice.




Quote Description


This page presents the quote "There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance.". Author of this quote is Daniel Kahneman. This quote is about games, researchers, agreement, chance, investing,.