People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel. (Daniel Kahneman)

People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel.

Daniel Kahneman

Related topics

air buying hate idea losing loss small travel

Related quotes

Dogs love their friends and bite their enemies, quite unlike people, who are incapable of pure love and always have to mix love and hate in their object-relations. View quote
Sigmund Freud
The common idea that success spoils people by making them vain, egotistic and self-complacent is erroneous; on the contrary it makes them, for the most part, humble, tolerant and kind. View quote
W. Somerset Maugham
Whatever you want in life, other people are going to want it too. Believe in yourself enough to accept the idea that you have an equal right to it. View quote
Diane Sawyer
To cheat oneself out of love is the most terrible deception it is an eternal loss for which there is no reparation, either in time or in eternity. View quote
Soren Kierkegaard
People travel to wonder at the height of mountains, at the huge waves of the sea, at the long courses of rivers, at the vast compass of the ocean, at the circular motion of the stars; and they pass by themselves without wondering. View quote
Augustine of Hippo