A Quote by Daniel Kahneman
The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.
Related Quotes
Planning is the only way to keep yourself on track. Plan your moments to be joyous. Plan your days to be filled with peace. Plan your life to be an experience of growth. When you know where you are going, the universe will clear a path for you.
The problem with being linear minded is that you would ask this at all! You assume that you must do one or the other. Plan or not plan. How about planning to walk in a certain direction until the "now" offers you another plan?
It is better to follow out a plan consistently even if it isn't the best one than to play without a plan at all. The worst thing is to wander about aimlessly.
You have to plan it [your devotion to God] every day. And, the best time to plan it is before your day begins. If you don't plan it, your day will plan you. And so, I make a disciplined life of the study of the scriptures, reading the word every day.
Sometimes it is not wise to make a second plan; it diminishes the power of the first plan! In risky paths, make only one plan; this will increase the possibility of success! On the edge of a precipice, if your second plan is a parachute on your back, your possibility of falling will increase! When you have nothing to trust, you will be safer, because you have no right to make any mistake!
A plan is only a scenario, and almost by definition, it is optimistic... As a result, scenario planning can lead to a serious underestimate of the risk of failure.
Plan your own vacations when you want to, and plan a suitable combined vacation with this other family when you want to. If they freak out at your planning your own vacations as you see fit, then let them. Bowing to unreasonable demands because someone will make you pay emotionally if you don't is not a healthy option.
Plan your hours to be productive...Plan your weeks to be educational...Plan your years to be purposeful. Plan your life to be an experience of growth. Plan to change. Plan to grow.
We are to make a plan for the day, pray over that plan, and then proceed with that plan. When we are willing to regard the unexpected as God's intervention, we can flex with the new plan, recognizing it as God's plan.
Most important, you can have a war room, you can have a war plan, but if your general - in this case, it's Donald Trump - isn't following the plan and is tweeting or is going and giving interviews that contradict the plan, then none of this really matters.
Those who plan do better than those who do not plan, even should they rarely stick to their plan.
Ensure that both plan and dispositions are flexible, adaptable to circumstances. Your plan should foresee and provide for a next step in case of success or failure.
I started treating my career as if it was a guarantee,if things get difficult and things don't work out, I'm not gonna think I have a Plan B, which is grad school, or Plan C, which is an office job. I'm just gonna have a Plan A, a Plan A 2.0, a Plan A 3.0, and that's what I'm going to do. Because entertainment and YouTube are always going to be my Plan A.
Hillary Clinton has a $350 billion plan that she says will make college more affordable. Which has to be better than my parents' plan to make college affordable: 'Be good at sports.'
I learned one of the very important lessons in life in the 9/11 attacks. It's good to have a plan for your future; it's even better to write your plan in pencil.
People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
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