We have a very narrow view of what is going on.
From Daniel Kahneman
We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.
If there is time to reflect, slowing down is likely to be a good idea.
It's not a case of: 'Read this book and then you'll think differently. I've written this book, and I don't think differently.
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.
The concept of happiness has to be reorganised.
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
All of us would be better investors if we just made fewer decisions.
Through some combination of culture and biology, our minds are intuitively receptive to religion.
People are very complex. And for a psychologist, you get fascinated by the complexity of human beings, and that is what I have lived with, you know, in my career all of my life, is the complexity of human beings.
10 perspectives
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