Daniel Kahneman Quotes About Decisions

Quotes about: Decisions

• Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference; they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.

  Daniel Kahneman

  Military, Optimistic, Average

  "Bias, Blindness and How We Truly Think (Part 1): Daniel Kahneman". www.bloomberg.com. October 25, 2011.

• My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.

  Daniel Kahneman

  People, Decision, Want

• The effort invested in 'getting it right' should be commensurate with the importance of the decision.

  Daniel Kahneman

  Effort, Decision, Should

• Friends are sometimes a big help when they share your feelings. In the context of decisions, the friends who will serve you best are those who understand your feelings but are not overly impressed by them.

  Daniel Kahneman

  Decision, Feelings, Helping

  "Daniel Kahneman’s Gripe with Behavioral Economics" by Jesse Singal, 208.94.232.188. April 26, 2013.

• In strategic decisions, I'd be really concerned about overconfidence.

  Daniel Kahneman

  Decision, Overconfidence, Concerned

  "Kahneman and Klein on strategic decisions: When can you trust your gut?". Interview with Gary Klein, bobmorris.biz. September 25, 2016.

• Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.

  Daniel Kahneman

  Thinking, People, Decision

• Spend some effort in figuring out why each decision did or did not pan out. Doing that systematically is key: really try to question the way you make decisions, and improve it.

  Daniel Kahneman

  Keys, Choices, Effort

• We associate leadership with decisiveness. That perception of leadership pushes people to make decisions fairly quickly, lest they be seen as dithering and indecisive.

  Daniel Kahneman

  Leadership, People, Decision

  "Strategic decisions: When can you trust your gut?". McKinsey Quarterly interview, www.mckinsey.com. March 2010.

• One of the major biases in risky decision making is optimism. Optimism is a source of high-risk thinking.

  Daniel Kahneman

  Thinking, Optimism, Decision

  "Daniel Kahneman: The Thought Leader Interview". Interview with Michael Schrage, www.strategy-business.com. 2003.

• All of us would be better investors if we just made fewer decisions.

  Daniel Kahneman

  Decision, Would Be, Made

  "This Stock Market Sell-Off Looks Like The Bull Market Blip We've Been Waiting For" by Scott Minerd, www.businessinsider.com. August 7, 2014.

• 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

  Loss, Thinking, People

• Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.

  Daniel Kahneman

  Decision, Should, Rely

• When you are under time pressure for a decision, you need to follow intuition.

  Daniel Kahneman

  Decision, Intuition, Needs

  "Kahneman and Klein on strategic decisions: When can you trust your gut?". Interview with Gary Klein, bobmorris.biz. September 25, 2016.

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