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The psychologist, Paul Rozin, an expert on disgust, observed that a single cockroach will completely wreck the appeal of a bowl of cherries, but a cherry will do nothing at all for a bowl of cockroaches.
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Daniel Kahneman |
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all variants of voluntary effort--cognitive, emotional, or physical--draw at least partly on a shared pool of mental energy.
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Daniel Kahneman |
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decorrelate error! To understand how this principle works, imagine that a large number of observers are shown glass jars containing pennies and are challenged to estimate the number of pennies in each jar. As James Surowiecki explained in his best-selling The Wisdom of Crowds, this is the kind of task in which individuals do very poorly, but pools of individual judgments do remarkably well. Some individuals greatly overestimate the true num..
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Daniel Kahneman |
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No one ever made a decision because of a number. They need a story.
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Daniel Kahneman |
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There is a deep gap between our thinking about statistics and our thinking about individual cases.
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Daniel Kahneman |
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He weights losses about twice as much as gains, which is normal.
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Daniel Kahneman |
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Nothing in life is as important as you think it is when you are thinking about it.
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Daniel Kahneman |
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You should inform your gut and then trust it.
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Daniel Kahneman |
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The first advice is to slow down, and not follow your first impulses.
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Daniel Kahneman |