A Quote by Richard Thaler

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick. — © Richard Thaler
People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.
There is a long history of research showing that people are overconfident about their abilities. But it turns out that people in general are not overconfident about their abilities; people with a fixed mindset are overconfident.
Let the message go out - a new generation has taken charge of Labour which is optimistic about our country, optimistic about our world, optimistic about the power of politics. We are optimistic and together we will change Britain.
I'm a bit obsessive. I've just bought this Wi-Fi radio, which can pick up 7,500 stations from all over the world. I'm boring my wife to death with it. I've got a thing about technology, so I've got four sat-nav systems and loads of gadgets, including a 100% accurate watch. Any new development and I'm there buying it. My best trait is that I'm happy and optimistic.
I see a resurgence of interest in poetry. I am less optimistic about the prospects for the arts when it comes to federal funding.
I kind of know what my job is, it's to develop a message that's hopeful and optimistic about the future of the country, to develop ideas that will give people a sense that they can lift up, and to tell them about my leadership skills to make it so.
To get nostalgic about other people's music, or even about your own, makes a terrible statement about the condition of your life and your prospects for the future.
Most people are overconfident about their own abilities. That is probably a good thing. But we would be horrified if a physician's aide engaged in heart surgery.
To get nostalgic about other people's music, or even about your own, makes a terrible statement about the condition of your life and your prospects for the future. I have no patience with that kind of attitude, whether it's on radio or among friends.
I am very optimistic about the long run prospects for democracy in China. Chinese society is being dramatically and rapidly transformed. And there’s rising evidence that the new generation not only lacks faith in communism anymore, they think it’s a joke. They’re very cynical about their leadership and they want democratic change.
I am super optimistic about the near-term prospects of AI because every time there is a technological disruption, it gives us the opportunity of making the world a little different.
There is an interesting scientific dispute about realism and optimism. Some find that very optimistic people have benign illusions about themselves. These people may think they have more control, or more skill, than they actually do. Others have found that optimistic people have a good handle on reality. The jury is still out.
I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.
I'm optimistic about the country; I'm optimistic about the American people.
There were 16 people in the race, including a number of governors, and there's only one left. And I think that at the end we have to make sure that we have somebody that can go to that town, change that system, grow employment, change the whole way in which it works and ship power money and influence back to the states. So I'm optimistic about it.
I'm optimistic about the future. I'm excited about our prospects as a nation. I want to see peace. I want to see growing peace in America. It's our objective.
As a whole, the managers today are different in temperament. Most have very good communication skills and are more understanding of the umpire's job. That doesn't mean they are better managers. It just means that I perceive today's managers a bit differently.
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