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

Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.

Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day.

Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of the stock. Traders apparently lackthe skill to answer this crucial question, but they appear to be ignorant of their ignorance.

Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.

I have always emphasized the willingness to discard.

You should not take your intuitions at face value.