Posts Tagged ‘daniel kahneman’
Daniel Kahneman: Owning Stocks
on Friday, July 2, 2021Daniel Kahneman Money Quote saying long-term investing requires ignoring short-term losses or it can make you miserable. Daniel Kahneman said:
“If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It’s the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you’ll be miserable” — Daniel Kahneman
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Daniel Kahneman: Lack Buys Misery
on Saturday, January 13, 2018Daniel Kahneman Money Quote saying we can dispute whether having money can give you happiness, but we can absolutely agree that not having it makes you miserable. Daniel Kahneman said:
“Money does not buy you happiness, but lack of money certainly buys you misery” — Daniel Kahneman
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