"The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct."
"You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future of prices. And you should not expect much from pundits making long-term forecasts."
8 likes
About the author
Same author
More quotes by Daniel Kahneman
"A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact."
"Every night for the next week, set aside ten minutes before you go to sleep. Write down three things that went well today and why they went well...Writing about why the positive events in your life happened may seem awkward at first, but please stick with it for one week. It will get easier. The odds are that you will be less depressed, happier, and addicted to this exercise six months from now."
"We can be blind to the obvious, and we are also blind to our blindness."
"Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me."
"We don’t choose between experiences, we choose between memories of experiences. Even when we think about the future, we don’t think of our future normally as experiences. We think of our future as anticipated memories."