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.

People talk of the new economy and of reinventing themselves in the workplace, and in that sense most of us are less secure.

An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.

Mental effort, I would argue, is relatively rare. Most of the time we coast.

We can't live in a state of perpetual doubt, so we make up the best story possible and we live as if the story were true.

Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.

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.