The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.

We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.

All of us would be better investors if we just made fewer decisions.

The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.

Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.

It was always assumed I would be a professor. I grew up thinking it.

Facts that challenge basic assumptions-and thereby threaten people's livelihood and self-esteem-are simply not absorbed. The mind does not digest them.