The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the [investment management] industry.
Daniel KahnemanIf you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
Daniel KahnemanThe brains of humans contain a mechanism that is designed to give priority to bad news.
Daniel KahnemanDoubting what you see is a very odd experience. And doubting what you remember is a little less odd than doubting what you see. But it's also a pretty odd experience, because some memories come with a very compelling sense of truth about them, and that happens to be the case even for memories that are not true.
Daniel Kahneman