So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

A good rule of thumb is to assume that everything matters.

Every American worker should be able to save for retirement via payroll deductions.

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

Credit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the credit cards, that pays the bills, but the real profits come from the interest payments and the charges to users that are unexpected.

Why tie to gold? Why not 1982 Bordeaux?