Money does not buy you happiness, but lack of money certainly buys you misery.

We know that the French are very different from the Americans in their satisfaction with life. They're much less satisfied. Americans are pretty high up there, while the French are quite low - the world champions in life satisfaction are actually the Danes.

People are really happier with friends than they are with their families or their spouse or their child.

Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference; they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.

Money does not buy you happiness, but lack of money certainly buys you misery.

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

Knowing the importance of luck, you should be particularly suspicious when highly consistent patterns emerge from the comparison of successful and less successful firms. In the presence of randomness, regular patterns can only be mirages.