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"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."

— Daniel Kahneman
daniel kahneman Quotes Assuming,Scenarios,Plans

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Daniel Kahneman
Assuming
Scenarios
Plans
Outcomes
Fallacy

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If people are failing, they look inept. If people are succeeding, they look strong and good and competent. That's the 'halo effect.' Your first impression of a thing sets up your subsequent beliefs. If the company looks inept to you, you may assume everything else they do is inept.

— Daniel Kahneman

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We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.

— Daniel Kahneman

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