Lucky risk takers use hindsight to reinforce their feeling that their gut is very wise. Hindsight also reinforces others' trust in that individual's gut.

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

So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.

Every night for the next week, set aside ten minutes before you go to sleep. Write down three things that went well today and why they went well...Writing about why the positive events in your life happened may seem awkward at first, but please stick with it for one week. It will get easier. The odds are that you will be less depressed, happier, and addicted to this exercise six months from now.

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

If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.

Most people are highly optimistic most of the time.