450 Quotes by Daniel Kahneman

Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.

We deeply want to be led by people who know what they're doing and who don't have to think about it too much.

The experiencing self lives its life continuously. It has moments of experience, one after the other.

I enjoy being active, but I look forward to the day when I can retire to the Internet.

A general “law of least effort” applies to cognitive as well as physical exertion. The law asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

It was always assumed I would be a professor. I grew up thinking it.

Managers think of themselves as captains of a ship on a stormy sea. Risk for them is danger, but they are fighting it, very controlled.

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.

Organizations may be better able to tame optimism than individuals are.