Daniel Kahneman
Daniel Kahneman
Daniel Kahnemanis an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences. His empirical findings challenge the assumption of human rationality prevailing in modern economic theory...
NationalityIsraeli
ProfessionPsychologist
Date of Birth5 March 1934
CountryIsrael
mind answers sometimes
... sometimes when you are asked a question that is difficult, the mind doesn't stay silent if it doesn't have the answer. The mind produces something, and what it produces very characteristically is the answer to an easier but related question.
powerful people feelings
Being wealthy is often a powerful predictor that people spend less time doing pleasurable things and more time doing compulsory things and feeling stressed.
people decision want
My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
should-have ideas rising
In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.
views
We have a very narrow view of what is going on.
groups individual extremes
Groups tend to be more extreme than individuals.
easy insurance-companies company
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted.
news individual flocks
Individual investors predictably flock to stocks in companies that are in the news.
doubt stories states
We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.
optimistic essence style
In essence, the optimistic style involves taking credit for successes but little blame for failures.
self effort attention
The conclusion is straightforward : self-control requires attention and effort.
belief life-is rejects
We are far too willing to reject the belief that much of what we see in life is random.
opportunity practice skills
Acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions.
motivation inspiration years
Below an income of ... $60,000 a year, people are unhappy, and they get progressively unhappier the poorer they get. Above that, we get an absolutely flat line. ... Money does not buy you experiential happiness, but lack of money certainly buys you misery.