Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that … - Daniel Kahneman

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If there's a distinction between men and women, I don't pay attention to it. Honestly, I don't see it. I think all of us are part feminine and part masculine. I'm sure sociologists can come up with distinctions about what's different between men and women, but for every example you can give about what a woman does, you can come up with an opposite example of other women who don't do that. Those are more artificial distinctions, I think.

Daniel Kahneman

Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.

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Spend some effort in figuring out why each decision did or did not pan out. Doing that systematically is key: really try to question the way you make decisions, and improve it.

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Happiness is determined by factors like your health, your family relationships and friendships, and above all by feeling that you are in control of how you spend your time.

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Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.

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After a crisis we tell ourselves we understand why it happened and maintain the illusion that the world is understandable. In fact, we should accept the world is incomprehensible much of the time.

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People have little idea, by and large, of the investment world. They are convinced they have an advantage.

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