Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace. Daniel Kahneman 000calculateleave share on social
When you analyze happiness, it turns out that the way you spend your time is extremely important. Daniel Kahneman analyzeextremelyhappiness Change image and share on social
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 attractivechanceeasily Change image and share on social
We have no reason to expect the quality of intuition to improve with the importance of the problem. Perhaps the contrary: high-stake problems are likely to involve powerful emotions and strong impulses to action. Daniel Kahneman actioncontraryemotion share on social
Nothing in life is quite as important as you think it is while you're thinking about it. Daniel Kahneman importantlifethink Change image and share on social
I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and gains are really not symmetric. So we really feel more pain when we lose $10,000 than we feel pleasure when we get $10,000. Daniel Kahneman 000attitudedecision share on social
I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness. Daniel Kahneman estimateexperiencefallible Change image and share on social
My impression is that the elimination of memories greatly reduces the value of the experience. Daniel Kahneman eliminationexperiencegreatly Change image and share on social
Adaptation seems to be, to a substantial extent, a process of reallocating your attention. Daniel Kahneman adaptationattentionextent Change image and share on social
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally. Daniel Kahneman bankbehaveexecutive Change image and share on social