Daniel Kahneman Quotations..

• When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses.
  Daniel Kahneman # Thinking, Decisions, Results, Smart, Loss Quotes
• People assign much higher probability to the truth of their opinions than is warranted. It's one of the reasons people trade so much in the market, generally with bad results.
  Daniel Kahneman # Truth, Reason, Bad, Results, Expectations Quotes
• When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.
  Daniel Kahneman # Thinking, Organization Quotes
• People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
  Daniel Kahneman # Planning, Abundance, Confidence Quotes
• You can always find an evolutionary quotation for anything. But the question is whether it’s functional, which is not the same as being evolutionary.
  Daniel Kahneman # Questions, Growth Quotes
• I think decision makers, in business and elsewhere, just reject the metaphor altogether. 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.
  Daniel Kahneman # Business, Decisions, Thinking, Risk, Fighting, Control Quotes
• Businesses are not investing in trying to figure out what they’ve done wrong. That’s not an accident. They don’t want to know.
  Daniel Kahneman # Business, Investing, Wrong, Smart Quotes
• Many people will admit that they made a mistake. But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.
  Daniel Kahneman # Mistakes, Smart, Changes, Thinking Quotes
• We’re not aware of changing our minds even when we do change our minds. And most people, after they change their minds, reconstruct their past pinion
  — they believe they always thought that.
  Daniel Kahneman # Changes, Thinking, Belief, Interesting Quotes
• One of the major biases in risky decision making is optimism. Optimism is a source of high-risk thinking.
  Daniel Kahneman # Thinking, Risk, Decisions, Optimism Quotes

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