450 Quotes by Daniel Kahneman

A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.

Human beings cannot comprehend very large or very small numbers. It would be useful for us to acknowledge that fact.

We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.

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.

The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.

Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.

When you look at the books about well-being, you see one word - it's happiness. People do not distinguish.

you know you have made a theoretical advance when you can no longer reconstruct why you failed for so long to see the obvious.

In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.