FastSaying

Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.

Daniel Kahneman

Daniel Kahneman

BecauseBeingIncorrectInterestingLaterMakeMostOpinionatedPenaltiesPeoplePredictionsPunditsRememberSelectedSuccessfulThemYearYou

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Political columnists and sports pundits are rewarded for being overconfident.
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If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.
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My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
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Doubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true.
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There's a lot of randomness in the decisions that people make.
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