You should not take your intuitions at face value.

Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.

That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.

People's mood is really determined primarily by their genetic make-up and personality, and in the second place by their immediate context, and only in the third and fourth place by worries and concerns and other things like that.

Acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

If individuals are rational, there is no need to protect them against their own choices.