All Of Us Would Be Better Investors

Some Memories Come With A Very Compelling Sense Of Truth About Them. And That Happens To Be The Case Even With Memories That Are Not True.

The Concept Of Loss Aversion Is Certainly The Most Significant Contribution Of Psychology To Behavioral Economics.

Economists Think About What People Ought To Do. Psychologists Watch What They Actually Do.

Survival Prospects Are Poor For An Animal That Is Not Suspicious Of Novelty.

Lucky Risk Takers Use Hindsight To Reinforce Their Feeling That Their Gut Is Very Wise. Hindsight Also Reinforces Others' Trust In That Individual's Gut.