The average investor's return is significantly lower than market indices due primarily to market timing.
Daniel KahnemanClearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.
Daniel KahnemanAn individual who expresses high confidence probably has a good story, which may or may not be true.
Daniel KahnemanIf you care about being thought credible and intelligent, do not use complex language where simpler language will do.
Daniel Kahneman