"Reality looks much more obvious in hindsight than in foresight. People who experience hindsight bias misapply current hindsight to past foresight. They perceive events that occurred to have been more predictable before the fact than was actually the case."

--

Source : Hersh Shefrin (2000). “Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing”, p.110, Oxford University Press

Hersh Shefrin

#Past Quotes #Reality Quotes #People Quotes

“It wasn't anything that I thought I was going to be - a singer or an actor or anything like that. I really started acting just because I loved it, and it was more from a need to act and express myself.”
“Work finally begins when the fear of doing nothing exceeds the fear of doing it badly.”

Source : Twitter post from Mar 26, 2015
“I just try to enjoy the moment and enjoy what's happening. I mean, I want to be conscious of what's going on around me, and be aware of if I can make a change and make things better, which I think is very important.”

Source : Source: www.hamptons.com
“We are a church of sinners but we must not be afraid of holiness. Do not be afraid to aim for holiness and turn yourselves over to the love of God. Holiness does not mean performing extraordinary things but carrying out daily things in an extraordinary way that is with love, joy and faith.”
“When I think of the artists I admire and seek out musically. It's because I'm curious about where they're going to go the next time they have a chance to put a record out. It's not about where I find them on the radio dial, or how many records they're selling.”
“To hallow'd duty Here with a loyal and heroic heart, Bind we our lives.”
“I read my Bible and I pray and all of that. I really do. But at the same time, I dont think being gay is a sin. Period.”
“All the human beings I met were either sure that there would be no afterlife or else that they would get preferential treatment in the hereafter.”

Source : Philip Jose Farmer (2010). “Riverworld: Including To Your Scattered Bodies Go & The Fabulous Riverboat”, p.24, Macmillan

You may also like:

Amos Tversky
Cognitive Psychologist
Andrew Lo
Professor
Cass Sunstein
Legal Scholar
Daniel Kahneman
Psychologist
Eugene Fama
Economist
Harry Markowitz
Economist
Peter L. Bernstein
Economist
Richard Thaler
Economist
Robert J. Shiller
Economist