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Although professionals are ab...

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 191 quotes

There's a very good reason fo...

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.

Daniel Kahneman 191 quotes

If owning stocks is a long-te...

If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

Daniel Kahneman 191 quotes

Intuitive diagnosis is reliab...

Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.

Daniel Kahneman 191 quotes

I used to hold a unitary view...

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.

Daniel Kahneman 191 quotes

People's mood is really deter...

People's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that.

Daniel Kahneman 191 quotes

People who know math understa...

People who know math understand what other mortals understand, but other mortals do not understand them. This asymmetry gives them a presumption of superior ability.

Daniel Kahneman 191 quotes

If you think in terms of majo...

If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.

Daniel Kahneman 191 quotes

One emphasis of my research h...

One emphasis of my research has been on the question of how people spend their time. Time is the ultimate finite resource, or course, so the question of how people spend it would seem to be important.

Daniel Kahneman 191 quotes

All of us roughly know what m...

All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.

Daniel Kahneman 191 quotes

People talk of the new econom...

People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.

Daniel Kahneman 191 quotes

The evidence is unequivocal, ...

The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.

Daniel Kahneman 191 quotes

Mind is a machine for jumping...

Mind is a machine for jumping to conclusions

Daniel Kahneman 191 quotes

Money does not buy you happin...

Money does not buy you happiness, but lack of money certainly buys you misery.

Daniel Kahneman 191 quotes

Often, the most enjoyable par...

Often, the most enjoyable part of an activity is the anticipation.

Daniel Kahneman 191 quotes

I would not advise people to ...

I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.

Daniel Kahneman 191 quotes

The effort invested in 'getti...

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

Daniel Kahneman 191 quotes

It doesn't take many observat...

It doesn't take many observations to think you've spotted a trend, and it's probably not a trend at all.

Daniel Kahneman 191 quotes

It's not a case of: 'Read thi...

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.

Daniel Kahneman 191 quotes

Yes, there is a burden of fin...

Yes, there is a burden of financial insecurity. I don't think you find it in mood. Income is correlated with life satisfaction, so maybe you do find it in life satisfaction. You don't find it in mood, and I think it is very important.

Daniel Kahneman 191 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

23

Советских актёров часто ставят в пример как образец духовной силы, национальной гордости и внутренней красоты. Они стали символами эпохи, носителями культуры и нравственности. Но, как известно, за кул...

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Расскажем, как сложилась судьба актеров, которые начинали сниматься еще в детстве.
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Два года назад отечественное телевидение столкнулось с беспрецедентной кадровой тектоникой — целая группа ярких и узнаваемых ведущих стремительно исчезла с экранов федеральных каналов. Эти лица долгие...

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Кира Найтли на страницах журнала к выходу фильма «Пиджак», 2005. Следы динозавра, раскопанные в русле реки Палакси. Техас. США. 1952г. Самая большая женщина рядом с самым маленьким мужчиной, 1922 год....