Mind is a machine for jumping to conclusions

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.

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

If people are failing, they look inept. If people are succeeding, they look strong and good and competent. That's the 'halo effect.' Your first impression of a thing sets up your subsequent beliefs. If the company looks inept to you, you may assume everything else they do is inept.

The average investor's return is significantly lower than market indices due primarily to market timing.

The brains of humans contain a mechanism that is designed to give priority to bad news.

Some achieve a reputation for great successes when in fact all they have done is take chances that reasonable people wouldn't take.