Experts don't know exactly where the boundaries of their expertise are.

Our memory tells us stories, that is, what we get to keep from our experiences is a story.

In a rising market, enough of your bad ideas will pay off so that you'll never learn that you should have fewer ideas.

We're generally overconfident in our opinions and our impressions and judgments.

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

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.

Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace.