Kahneman's Wisdom for Rational Decision-Making

Nothing is as important as we think it is while we are thinking about it.

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

The brains of humans and other animals contain a mechanism that is designed to give priority to bad news.

A person who has not made peace with his losses is likely to accept gambles that would be unacceptable to him otherwise.

If there is time to reflect, slowing down is likely to be a good idea.

People who have information about an individual case rarely feel the need to know the statistics of the class to which the case belongs.

We’re blind to our blindness. We have very little idea of how little we know. We’re not designed to know how little we know.

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