The idea that you can ask one question and it makes the point – well, that wasn’t how psychology was done at the time. Daniel Kahneman Read Quote
So your emotional state really has a lot to do with what you’re thinking about and what you’re paying attention to. Daniel Kahneman Read Quote
Suppose you like someone very much. Then, by a familiar halo effect, you will also be prone to believe many good things about that person – you will be biased in their favor. Most of us like ourselves very much, and that suffices to explain self-assessments that are biased in a particular direction. Daniel Kahneman Read Quote
People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt. Daniel Kahneman Read Quote
Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them. Daniel Kahneman Read Quote
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 Read Quote
Mental effort, I would argue, is relatively rare. Most of the time we coast. Daniel Kahneman Read Quote
Clearly, the decision-making that we rely on in society is fallible. It’s highly fallible, and we should know that. Daniel Kahneman Read Quote
If you think in terms of major losses, because losses loom much larger than gains – that’s a very well-established finding – you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse. Daniel Kahneman Read Quote