You Should Not Take Your Intuitions At

Many People Will Admit That They Made A Mistake [putting Money In Dot-coms Or Telecoms At Their Peak] But That Doesn’t Mean That They’ve Changed Their Mind About Anything In Particular. It Doesn’t Mean That They Are Now Able To Avoid That Mistake.

We Associate Leadership With Decisiveness. That Perception Of Leadership Pushes People To Make Decisions Fairly Quickly, Lest They Be Seen As Dithering And Indecisive.

Facts That Challenge Basic Assumptions-and Thereby Threaten People's Livelihood And Self-esteem-are Simply Not Absorbed. The Mind Does Not Digest Them.

We Have No Reason To Expect The Quality Of Intuition To Improve With The Importance Of The Problem. Perhaps The Contrary: High-stake Problems Are Likely To Involve Powerful Emotions And Strong Impulses To Action.

Optimism Is Normal, But Some Fortunate People Are More Optimistic Than The Rest Of Us. If You Are Genetically Endowed With An Optimistic Bias, You Hardly Need To Be Told That You Are A Lucky Person - You Already Feel Fortunate.