Intelligence Is Not Only The

All Of Us Would Be Better Investors If We Just Made Fewer Decisions.

People Are Very Good [at] Thinking About Agents. The Mind Is Set Really Beautifully To Think About Agents. Agents Have Traits. Agents Have Behaviors. We Understand Agents. We Form Global Impression Of Their Personalities. We Are Really Not Very Good At Remembering Sentences Where The Subject Of The Sentence Is An Abstract Notion.

It's A Wonderful Thing To Be Optimistic. It Keeps You Healthy And It Keeps You Resilient.

A General Limitation Of The Human Mind Is Its Imperfect Ability To Reconstruct Past States Of Knowledge, Or Beliefs That Have Changed. Once You Adopt A New View Of The World (or Any Part Of It), You Immediately Lose Much Of Your Ability To Recall What You Used To Believe Before Your Mind Changed.

The Idea That You Can Ask One Question And It Makes The Point - Well, That Wasn't How Psychology Was Done At The Time.