We Are Far Too Willing

Although Professionals Are Able To Extract A Considerable Amount Of Wealth From Amateurs, Few Stock Pickers, If Any, Have The Skill Needed To Beat The Market Consistently, Year After Year.

Most Of The Time, We Think Fast. And Most Of The Time We're Really Expert At What We're Doing, And Most Of The Time, What We Do Is Right.

One Thing We Have Lost, That We Had In The Past, Is A Sense Of Progress, That Things Are Getting Better. There Is A Sense Of Volatility, But Not Of Progress.

Being Wealthy Is Often A Powerful Predictor That People Spend Less Time Doing Pleasurable Things And More Time Doing Compulsory Things And Feeling Stressed.

One Study Found That People Who Just Thought About Watching Their Favorite Movie Actually Raised Their Endorphin Levels By 27 Percent.