The brains of humans contain a mechanism that is designed to give priority to bad news.

The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the [investment management] industry.

My impression is that the elimination of memories greatly reduces the value of the experience.

We are far too willing to reject the belief that much of what we see in life is random.

Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.

People who face a difficult question often answer an easier one instead, without realizing it.

If there is time to reflect, slowing down is likely to be a good idea.