Intuitive diagnosis is reliable when people have a lot of relevant feedback. But people are very often willing to make intuitive diagnoses even when they're very likely to be wrong.

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.

I would be wary of experts' intuition, except when they deal with something that they have dealt with a lot in the past.

When you analyze happiness, it turns out that the way you spend your time is extremely important.

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

Being wealthy is often a powerful predictor that people spend less time doing pleasurable things and more time doing compulsory things and feeling stressed.

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