The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.

The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.

The average investor's return is significantly lower than market indices due primarily to market timing.

We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.

Most of the time, we think fast. And most of the time we're really expert at what we're doing, and most of the time, what we do is right.

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 who are cognitively busy are also more likely to make selfish choices, use sexist language, and make superficial judgments in social situations.