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 KahnemanWe donโt choose between experiences, we choose between memories of experiences. Even when we think about the future, we donโt think of our future normally as experiences. We think of our future as anticipated memories.
Daniel KahnemanThe idea that the future is unpredictable is undermined every day by the ease with which the past is explained.
Daniel KahnemanI enjoy being active, but I look forward to the day when I can retire to the Internet.
Daniel KahnemanUnfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of the stock. Traders apparently lackthe skill to answer this crucial question, but they appear to be ignorant of their ignorance.
Daniel Kahneman