Our Memory Tells Us Stories, That Is,

When You Are Under Time Pressure For A Decision, You Need To Follow Intuition.

Mental Effort, I Would Argue, Is Relatively Rare. Most Of The Time We Coast.

People Have Little Idea, By And Large, Of The Investment World. They Are Convinced They Have An Advantage.

Every Night For The Next Week, Set Aside Ten Minutes Before You Go To Sleep. Write Down Three Things That Went Well Today And Why They Went Well...writing About Why The Positive Events In Your Life Happened May Seem Awkward At First, But Please Stick With It For One Week. It Will Get Easier. The Odds Are That You Will Be Less Depressed, Happier, And Addicted To This Exercise Six Months From Now.

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.