450 Quotes by Daniel Kahneman

When physicians are under time pressure, they are apparently more inclined to choose a quick-fix solution, despite its serious downsides.

Many activities can induce a sense of flow, from painting to racing motorcycles – and.

It doesn’t take many observations to think you’ve spotted a trend, and it’s probably not a trend at all.

Rational or not, fear is painful and debilitating, and policy makers must endeavor to protect the public from fear, not only from real dangers.

Taleb suggests that we humans constantly fool ourselves by constructing flimsy accounts of the past and believing they are true.

Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person – you already feel fortunate.

Her favorite position is beside herself, and her favorite sport is jumping to conclusions.

This should not come as a surprise: overly optimistic forecasts of the outcome of projects are found everywhere. Amos and I coined the term planning fallacy to describe plans and forecasts that are unrealistically close to best-case scenarios could be improved by consulting the statistics of similar cases Examples of the planning fallacy abound in the experiences of individuals, governments, and businesses.

The worse the consequence, the greater the hindsight bias.