There is general agreement among researchers that nearly all stock pickers, whether they know it or not-and few of them do-are playing a game of chance.
Daniel KahnemanOne study found that people who just thought about watching their favorite movie actually raised their endorphin levels by 27 percent.
Daniel KahnemanThe premise of this book is that it is easier to recognize other people's mistakes than your own.
Daniel KahnemanThe average investor's return is significantly lower than market indices due primarily to market timing.
Daniel Kahneman