Emotional Decision Making Quotes

When men abandon reason, physical force becomes their only means of dealing with one another and of settling disagreements.

The brain may take advice, but not the heart.

Economics is (now) about emotion and psychology.

To the extent to which a man is rational, life is the premise directing his actions. To the extent to which he is irrational, the premise directing his actions is death.

Never make your most important decisions when you are in your worst moods.

That cotton trade was almost the deal breaker for me. It was at that point that I said, “Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?

Who should know better than a cosmetician that human beings are less than rational creatures?

People in this world are not often logical.

We Deols think from the heart. We lack business acumen.

Highly intelligent and well-informed people disagree on every political issue. Therefore, intelligence and knowledge are useless for making decisions, because if any of that stuff helped, then all the smart people would have the same opinions. So use your "gut instinct" to make voting choices. That is exactly like being clueless, but with the added advantage that you'll feel as if your random vote preserved democracy.

When emotion supersedes reason ... gullibility must follow.

Satan knows that the nature of humankind is to act out of how we feel rather than what we know. One of our most important defenses against satanic influence will be learning how to behave out of what we know is truth rather than what we feel.

It is no difficult trick to bring a great deal of energy, study, and native ability into Wall Street and to end up with losses instead of profits. These virtues, if channeled in the wrong directions, become indistinguishable from handicaps.

Man is an emotional animal, occasionally rational; and through his feelings he can be deceived to his heart's content.

You are 100% emotional in everything you think, feel and decide. You decide emotionally and justify logically.

Hate, emotionalism, and frustration are not policies.

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

Economic theory does not work with human beings. We are far too messy.

When the subconscious mind must chose between deeply rooted emotions and logic, emotions will almost always win.

It was too late - everything was too late. For years now he had dreamed the world away, basing his decisions upon emotions unstable as water.

Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.

If you see voters as rational, you'll be a terrible politician. People are not wired to be rational. Our brains simply evolved to keep us alive. Brains did not evolve to give us truth. Brains merely give us movies in our minds that keeps us sane and motivated. But none of it is rational or true, except maybe sometimes by coincidence.

...our impulses are too strong for our judgement sometimes

Life [had] replaced logic.

The investor's chief problem - and even his worst enemy - is likely to be himself.