Stories people told themselves were biased by the availability of the material used to construct them..what people remember about the past, [Kahneman and Tversky] suggested, is likely to warp their judgement of the future. "We often decide that an outcome is extremely unlikely or impossible, because we are unable to imagine any chain of events that could cause it to occur. The defect, often, is in our imagination. Michael Lewis
Some Similar Quotes
  1. ...and you drink a little too much and try a little too hard. And you go home to a cold bed and think, 'That was fine'. And your life is a long line of fine. - Gillian Flynn

  2. The world is a tragedy to those who feel, but a comedy to those who think. - Horace Walpole

  3. Life is a comedy to those who think, a tragedy to those who feel. - Jean Racine

  4. Don't JustDon't just learn, experience. Don't just read, absorb. Don't just change, transform. Don't just relate, advocate. Don't just promise, prove. Don't just criticize, encourage. Don't just think, ponder. Don't just take, give. Don't just see, feel. Don’t just dream, do. Don't just hear, listen.... - Roy T. Bennett

  5. Closed in a room, my imagination becomes the universe, and the rest of the world is missing out. - Criss Jami

More Quotes By Michael Lewis
  1. The secret to doing good research is always to be a little underemployed. You waste years by not being able to waste hours

  2. A lot of what people did and said when they "predicted" things, Morey now realized, was phony: pretending to know things rather than actually knowing things. There were a great many interesting questions in the world to which the only honest answer was, "It's impossible...

  3. After seeing a movie that dramatizes nuclear war, they worried more about nuclear war; indeed, they felt that it was more likely to happen. The sheer volatility of people's judgement of the odds--their sense of the odds could be changed by two hours in a...

  4. Stories people told themselves were biased by the availability of the material used to construct them..what people remember about the past, [Kahneman and Tversky] suggested, is likely to warp their judgement of the future. "We often decide that an outcome is extremely unlikely or impossible,...

  5. You need to be so careful when there is one simple diagnosis that instantly pops into your mind that beautifully explains everything all at once. That's when you need to stop and check your thinking... Beware of the delirious guy in the emergency unit with...

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