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

I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.

People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.

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

Researchers who studied a thousand Dutch vacationers concluded that by far the greatest amount of happiness extracted from the vacation is derived from the anticipation period.

People who face a difficult question often answer an easier one instead, without realizing it.

One study found that people who just thought about watching their favorite movie actually raised their endorphin levels by 27 percent.