"I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk."

--

Source : Source: bigthink.com

Richard Thaler

#Thinking Quotes #Giving Quotes #Risk Quotes

“I am a typed director. If I made Cinderella, the audience would immediately be looking for a body in the coach.”
“I have really great, great parents, and they were very supportive of me.”
“Instead of killing and dying in order to produce the being that we are not, we have to live and let live in order to create what we are.”
“To lead a country, you must periodically hold a national consultation in which people representing different programmes can make a bid for power.”
“To have faith is to believe in truth, believe that truth confers special power on those lucky enough to get a little insight, and to know in our hearts that all these things come from God, which is why we should never get too cocky about our successes.”
“My favorite lie was the online rumor that Bruce Willis was my uncle. That's hilarious.”
“You can't go by what the governments say or do. It's not the governments. It's on the street where there's more hatred of Americans in Britain than in France.”
“It's a shame, but every time I get something scientific in the script, I read up to find out what I'm talking about - but then I'm on to the next script and it's forgotten.”

You may also like:

Amos Tversky
Cognitive Psychologist
Cass Sunstein
Legal Scholar
Dan Ariely
Professor
Daniel Kahneman
Psychologist
Eugene Fama
Economist
Herbert Simon
Scientist
Hersh Shefrin
University Professor
Nassim Nicholas Taleb
Author
Robert J. Shiller
Economist