Often, The Most Enjoyable Part Of An

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.

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.

This Is The Essence Of Intuitive Heuristics: When Faced With A Difficult Question, We Often Answer An Easier One Instead, Usually Without Noticing The Substitution.

It Doesn't Take Many Observations To Think You've Spotted A Trend, And It's Probably Not A Trend At All.

Political Columnists And Sports Pundits Are Rewarded For Being Overconfident.