Kahneman, Daniel

"Wealth and happiness are only weakly correlated once basic needs are met."

"The narrative fallacy leads us to believe in stories that make sense."

"Cognitive biases are not flaws in our thinking but features of our minds."

"The way decisions are framed can dramatically change the choice we make."

"Most of what we think we understand, we don't."

"The affect heuristic causes our feelings to determine our judgments."

"We are far less in control of our thoughts than we believe."

"The illusion of understanding leads to overconfidence in predictions."

"What matters most in determining happiness is not what happens to you, but how you think about it."

"The experiencing self lives in the moment; the remembering self keeps score."

"We make judgments based on limited information and then justify them afterward."

"The quality of decisions is often determined by the questions we ask."

"Rational people should care deeply about systematic errors in judgment."

"The narrative we construct about our past determines our sense of self."

"Overconfidence grows when we have a sense of expertise."

"The confidence people have in their beliefs is not a reliable guide to the truth of those beliefs."

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

"The most important thing to understand about overconfidence is that it's not about arrogance—it's about the limits of what we actually know."

"People are not always rational, and that's the most rational thing to admit."

"System 1 thinking is fast and intuitive; System 2 is slow and deliberate. Most of life runs on System 1."

"Anchoring effects show us that random numbers can influence our judgment in ways we don't realize."

"The planning fallacy is the tendency to underestimate how long tasks will take, even when you know about the bias."

"We are pattern-seeking creatures, often finding patterns where none exist."

"Loss aversion is more powerful than the joy of equivalent gains."

"When you can't measure something, you tend to ignore it—but that doesn't make it unimportant."

"The availability heuristic makes recent events seem more important than they statistically are."

"Expertise is recognizing patterns that others miss, not having magical insight."

"A person is not just a collection of traits; context matters enormously."

"The human mind is a machine for jumping to conclusions."

"We live in two worlds: the world of our experience and the world of reality. They are not the same."