If individuals are rational, there is no need to protect them against their own choices.
Daniel KahnemanWhen people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses.
Daniel KahnemanWhen people believe a conclusion is true, they are also very likely to believe arguments that appear to support it, even when these arguments are unsound.
Daniel KahnemanPeople have little idea, by and large, of the investment world. They are convinced they have an advantage.
Daniel Kahneman