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.

The most effortful forms of slow thinking are those that require you to think fast.

Most of the time, we think fast. And most of the time we're really expert at what we're doing, and most of the time, what we do is right.

It's not a case of: 'Read this book and then you'll think differently. I've written this book, and I don't think differently.

I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.

Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.

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