The dominance of conclusions over arguments is most pronounced where emotions are involved.

The idea that you can ask one question and it makes the point - well, that wasn't how psychology was done at the time.

If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

Knowing the importance of luck, you should be particularly suspicious when highly consistent patterns emerge from the comparison of successful and less successful firms. In the presence of randomness, regular patterns can only be mirages.

You should not take your intuitions at face value.

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

The premise of this book is that it is easier to recognize other people's mistakes than your own.