Daniel Kahneman's Quotes

It's a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.

Daniel Kahneman

You know, the standard state for people is 'mildly pleasant.' Negative emotions are quite rare, and extremely positive emotions are rare. But people are mildly pleased most of the time, they're mildly tired a lot of the time, and they wish they were somewhere else a substantial part of the time - but mostly they're mildly pleased.

Daniel Kahneman

An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.

Daniel Kahneman

True intuitive expertise is learned from prolonged experience with good feedback on mistakes.

Daniel Kahneman

Happiness is determined by factors like your health, your family relationships and friendships, and above all by feeling that you are in control of how you spend your time.

Daniel Kahneman

It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.

Daniel Kahneman

By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.

Daniel Kahneman

People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.

Daniel Kahneman

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.

Daniel Kahneman

Courage is willingness to take the risk once you know the odds. Optimistic overconfidence means you are taking the risk because you don't know the odds. It's a big difference.

Daniel Kahneman

Political columnists and sports pundits are rewarded for being overconfident.

Daniel Kahneman