450 Quotes by Daniel Kahneman

Spend some effort in figuring out why each decision did or did not pan out. Doing that systematically is key: really try to question the way you make decisions, and improve it.

If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.

The idea that you can ask one question and it makes the point - well, that wasn't how psychology was done at the time.

Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.

Mind is a machine for jumping to conclusions

If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.

You're surprised by something, but you don't really know what surprised you; you recognize someone, but you don't really know what cues cause you to recognize that person.

The 'Instagram Generation' now experiences the present as an anticipated memory

I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and gains are really not symmetric. So we really feel more pain when we lose $10,000 than we feel pleasure when we get $10,000.