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Daniel Kahneman Quotes: Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.
         

Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.


Daniel Kahneman
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Other quotes of Daniel Kahneman


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.

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.



We can be blind to the obvious, and we are also blind to our blindness.

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.

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.



Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.

Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.



This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.

This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.



The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.

The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.



Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.

Many ideas happen to us. We have intuition, we have feeling, we have emotion, all of that happens, we don't decide to do it. We don't control it.



By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.

By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.



The illusion that we understand the past fosters overconfidence in our ability to predict the future.

The illusion that we understand the past fosters overconfidence in our ability to predict the future.



We're generally overconfident in our opinions and our impressions and judgments.

We're generally overconfident in our opinions and our impressions and judgments.





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She read and read and read, but she was stuffing herself with the letters on the page like an unhappy child stuffing itself with chocolate. They didn’t taste bad, but she was still unhappy.

She read and read and read, but she was stuffing herself with the letters on the page like an unhappy child stuffing itself with chocolate. They didn’t taste bad, but she was still unhappy.



Remember to remember: sometimes your adversary is your biggest asset. Where would David be without Goliath? Jesus without Judas?

Remember to remember: sometimes your adversary is your biggest asset. Where would David be without Goliath? Jesus without Judas?



The guys who walk on Mars are going to be historic.

The guys who walk on Mars are going to be historic.



The tough thing is figuring out what questions to ask, but […] once you do that, the rest is really easy.

The tough thing is figuring out what questions to ask, but […] once you do that, the rest is really easy.



King Abdullah has died. A divisive figure in the Middle East. The sad irony is that the USA preached democracy in the face of absolute rule.

King Abdullah has died. A divisive figure in the Middle East. The sad irony is that the USA preached democracy in the face of absolute rule.



If all it takes is an angry stranger to ruin your day, what are you going to do if something really serious happens? Why give someone else control of your life like that?

If all it takes is an angry stranger to ruin your day, what are you going to do if something really serious happens? Why give someone else control of your life like that?



Etiquette requires us to admire the human race.

Etiquette requires us to admire the human race.



I have a few songs that I'm figuring out and writing. I'm still figuring out the whole concept and how it's gonna connect to Cry Baby, but I have some ideas, yes.

I have a few songs that I'm figuring out and writing. I'm still figuring out the whole concept and how it's gonna connect to Cry Baby, but I have some ideas, yes.



I think that capitalism in general is responsible, not for the worldwide recession, but for a lot of suffering, both in the United States and around the world.

I think that capitalism in general is responsible, not for the worldwide recession, but for a lot of suffering, both in the United States and around the world.



Martin Wilson's What They Always Tell Us hears the voices of the young as they struggle toward adulthood.

Martin Wilson's What They Always Tell Us hears the voices of the young as they struggle toward adulthood.




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This page presents the quote "Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.". Author of this quote is Daniel Kahneman. This quote is about consistently, amount, skills, wealth, able, years, needed,.