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Thinking, Fast and Slow

Daniel Kahneman
attention is withdrawn from a new situation as it becomes more familiar. The main exceptions are chronic pain, constant exposure to loud noise, and severe depression. Pain and noise are biologically set to be signals that attract attention, and depression involves a self-reinforcing cycle of miserable thoughts. There is therefore no adaptation to these conditions.
Thinking, Fast and Slow - Daniel Kahneman Loc. 7339-41 - Highlight on Page 405 | Added on Wednesday, October 24, 2012, 11:04 AM
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the Californians enjoyed their climate and the Midwesterners despised theirs. But climate was not an important determinant of well-being. Indeed, there was no difference whatsoever between the life satisfaction of students in California and in the Midwest.
Thinking, Fast and Slow - Daniel Kahneman Loc. 7308-10 - Highlight on Page 403 | Added on Wednesday, October 24, 2012, 11:01 AM
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focusing illusion, which can be described in a single sentence: Nothing in life is as important as you think it is when you are thinking about it.
Thinking, Fast and Slow - Daniel Kahneman Loc. 7293-95 - Highlight on Page 402 | Added on Wednesday, October 24, 2012, 11:00 AM
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The satiation level beyond which experienced well-being no longer increases was a household income of about $75,000 in high-cost areas
Thinking, Fast and Slow - Daniel Kahneman Loc. 7191-92 - Highlight on Page 397 | Added on Wednesday, October 24, 2012, 10:39 AM
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More education is associated with higher evaluation of one?s life, but not with greater experienced well-being. Indeed, at least in the United States, the more educated tend to report higher stress.
Thinking, Fast and Slow - Daniel Kahneman Loc. 7178-79 - Highlight on Page 396 | Added on Wednesday, October 24, 2012, 10:37 AM
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her ?total happiness? was the happiness of a typical period in her lifetime, not the sum (or integral) of happiness over the duration of her life.
Thinking, Fast and Slow - Daniel Kahneman Loc. 7021-22 - Highlight on Page 388 | Added on Tuesday, October 23, 2012, 09:40 PM
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We should not be surprised: losses evokes stronger negative feelings than costs.
Thinking, Fast and Slow - Daniel Kahneman Loc. 6618 - Highlight on Page 364 | Added on Saturday, October 20, 2012, 11:44 AM
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people expect to have stronger emotional reactions (including regret) to an outcome that is produced by action than to the same outcome when it is produced by inaction.
Thinking, Fast and Slow - Daniel Kahneman Loc. 6315-16 - Highlight on Page 348 | Added on Friday, October 19, 2012, 06:19 PM
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As might be expected, finance research has documented a massive preference for selling winners rather than losers?a bias that has been given an opaque label: the disposition effect.
Thinking, Fast and Slow - Daniel Kahneman Loc. 6239-40 - Highlight on Page 344 | Added on Friday, October 19, 2012, 06:09 PM
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The poorer man will happily pay a premium to transfer the risk to the richer one, which is what insurance is about.
Thinking, Fast and Slow - Daniel Kahneman Loc. 4955-56 - Highlight on Page 274 | Added on Friday, June 15, 2012, 04:35 PM
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function is logarithmic?which simply means that an increase of stimulus intensity by a given factor (say, times 1.5 or times 10) always yields the same increment on the psychological scale. If raising the energy of the sound from 10 to 100 units of physical energy increases psychological intensity by 4 units, then a further increase of stimulus intensity from 100 to 1,000 will also increase psychological intensity
Thinking, Fast and Slow - Daniel Kahneman Loc. 4912-15 - Highlight on Page 272 | Added on Friday, June 15, 2012, 04:29 PM
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main virtue of the premortem is that it legitimizes doubts.
Thinking, Fast and Slow - Daniel Kahneman Loc. 4835-36 - Highlight on Page 265 | Added on Wednesday, June 13, 2012, 06:42 PM
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probably contributes to an explanation of why people litigate, why they start wars, and why they open small businesses.
Thinking, Fast and Slow - Daniel Kahneman Loc. 4613-14 - Highlight on Page 253 | Added on Sunday, June 03, 2012, 11:45 AM
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a ?hubris hypothesis?: the executives of the acquiring firm are simply less competent than they think they are.
Thinking, Fast and Slow - Daniel Kahneman Loc. 4698-99 - Highlight on Page 258 | Added on Sunday, June 03, 2012, 03:26 PM
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Whether professionals have a chance to develop intuitive expertise depends essentially on the quality and speed of feedback, as well as on sufficient opportunity to practice.
Thinking, Fast and Slow - Daniel Kahneman Loc. 4398-99 - Highlight on Page 241 | Added on Saturday, June 02, 2012, 04:13 PM
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Trading Is Hazardous to Your Wealth,? they showed that, on average, the most active traders had the poorest results, while the investors who traded the least earned the highest returns.
Thinking, Fast and Slow - Daniel Kahneman Loc. 3879-80 - Highlight on Page 214 | Added on Friday, June 01, 2012, 10:30 AM
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Confidence is a feeling, which reflects the coherence of the information and the cognitive ease of processing it.
Thinking, Fast and Slow - Daniel Kahneman Loc. 3846-47 - Highlight on Page 212 | Added on Friday, June 01, 2012, 10:26 AM
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In a memorable example, Dawes showed that marital stability is well predicted by a formula: frequency of lovemaking minus frequency of quarrels
Thinking, Fast and Slow - Daniel Kahneman Loc. 4111-13 - Highlight on Page 226 | Added on Friday, June 01, 2012, 10:16 PM
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It is that the language implies that the world is more knowable than it is. It helps perpetuate a pernicious illusion.
Thinking, Fast and Slow - Daniel Kahneman Loc. 3650-51 - Highlight on Page 201 | Added on Thursday, May 31, 2012, 11:23 AM
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Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.
Thinking, Fast and Slow - Daniel Kahneman Loc. 3641-42 - Highlight on Page 201 | Added on Thursday, May 31, 2012, 11:22 AM
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