Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.

I used to hold a unitary view, in which I proposed that only experienced happiness matters, and that life satisfaction is a fallible estimate of true happiness.

A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.

Nothing in life is quite as important as you think it is while you're thinking about it.

Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.

A large portion of the weekend effects is explained by differences in the amount of time spent with friends or family between weekends and weekdays.

Experts don't know exactly where the boundaries of their expertise are.