The 'Instagram Generation' now experiences the present as an anticipated memory

If there was one ubiquitous recommendation about marriage it was this: "Don't go to bed angry."

Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.

Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.

A general “law of least effort” applies to cognitive as well as physical exertion. The law asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven by the balance of benefits and costs. Laziness is built deep into our nature.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

The dominance of conclusions over arguments is most pronounced where emotions are involved.