A Quote by Daniel Kahneman

The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.
From the simplest lyric to the most complex novel and densest drama, literature is asking us to pay attention. Pay attention to the frog. Pay attention to the west wind. Pay attention to the boy on the raft, the lady in the tower, the old man on the train. In sum, pay attention to the world and all that dwells therein and thereby learn at last to pay attention to yourself and all that dwells therein.
Scientists who study brain-wave activity found that the longer one watches television, the more likely the brain will slip into "alpha" level: a slow, steady brain-wave pattern in which the mind is in its most receptive mode. It is noncoggnitive mode; i.e., information can be placed into the mind directly, without viewer participation.
If your skin is crawling, pay attention. If something doesn’t feel right, pay attention. If the hairs on the back of your neck prickle, if your gut clenches up, if a wave of wrongness washes over you, if your heart starts beating faster, pay, pay, pay attention. Do not second-guess yourself or rationalize anything that impedes your safety. Our instincts are the animal inside of our humanness, warning us of danger.
All decisions originate in the brain. So if we can better understand what's happening in the brain when we make investment decisions, maybe one day we'll be able to make more accurate financial forecasts - for a stock or even the entire market.
The question for every Olympics is whether the giant investment will pay off in the future.
The "burning bush" was not a miracle. It was a test. God wanted to find out whether or not Moses could pay attention to something for more than a few minutes. When Moses did, God spoke. The trick is to pay attention to what is going on around you long enough to behold the miracle without falling asleep. There is another world, right here within this one, whenever we pay attention.
Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.
If Baltimore's view, that scientists who do not take the words of authorities are far removed from the ordinary behavior of scientists, prevails in the scientific community, then something fundamental, very serious, and very disturbing is happening to the scientific community.
So much of our society as a whole is gearing us to maximize our salary or bonus. Basically, we just think in terms of money. Or, if not money, then, if you're in academia, it's prestige. It's a different kind of currency. And there's this unmeasured dimension of all jobs, which is whether it's improving the world.
Pay attention to the hungry, both in this country and around the world. Pay attention to the poor. Pay attention to our responsibilities for world peace. We are our brother's keeper.
It's kind of pathetic actually that we are all sitting here talking about Forth. It is not the wave of the future. It's never been the wave of the future. It's not within our power to make it the wave of the future.
A tidal wave of support for medicinal marijuana has begun in the western United States; the future of many federal officials depends, in large part, on whether they ride that wave into the future or, standing in the way, are rendered irrelevant by the voters.
Investors should pay attention not only to whether but also to why current holdings are undervalued. It is critical to know why you have made an investment and to sell when the reason for owning it no longer applies. Look for investments with catalysts that may assist directly in the realization of underlying value. Give reference to companies having good managements with a personal financial stake in the business. Finally, diversify your holdings and hedge when it is financially attractive to do so.
You can't be positive to everybody. A lot of people want to focus on flaws and negativity, especially on the Internet because that's their only voice. I don't pay attention to that kind of stuff. I pay attention to opportunities coming my way, gays and lesbians telling me what I've done for them, organizations in my community that always want to work with me.
Pay attention to your friends; pay attention to that cousin that jumps up on the picnic table at the family reunion and goes a little too 'nutty,' you know what I mean? Pay attention to that aunt that's down in the basement that never comes upstairs. We have to pay attention to our friends, pay attention to your family, and offer a hand.
We've offered direct financial support for a range of renewable energy sources, whether it be large-scale solar, whether it be geothermal, whether it be wave power or wind power.
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