450 Quotes by Daniel Kahneman

When you analyze happiness, it turns out that the way you spend your time is extremely important.

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.

The brains of humans contain a mechanism that is designed to give priority to bad news.

Question: So investors shouldn't delude themselves about beating the market? Answer: "They're just not going to do it. It's just not going to happen."

Adaptation seems to be, to a substantial extent, a process of reallocating your attention.

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

When people talk of the economy being strong, they don't seem to feel that they, too, are better off.

People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.

We have associations to things. We have, you know, we have associations to tables and to - and to dogs and to cats and to Harvard professors, and that's the way the mind works. It's an association machine.