Hindsight Bias Makes Surprises Vanish.

Our Comforting Conviction That The World Makes Sense Rests On A Secure Foundation: Our Almost Unlimited Ability To Ignore Our Ignorance.

The Average Investor's Return Is Significantly Lower Than Market Indices Due Primarily To Market Timing.

One Emphasis Of My Research Has Been On The Question Of How People Spend Their Time. Time Is The Ultimate Finite Resource, Or Course, So The Question Of How People Spend It Would Seem To Be Important.

The Confidence That Individuals Have In Their Beliefs Depends Mostly On The Quality Of The Story They Can Tell About What They See, Even If They See Little.

A General “law Of Least Effort” Applies To Cognitive As Well As Physical Exertion. The Law Asserts That If There Are Several Ways Of Achieving The Same Goal, People Will Eventually Gravitate To The Least Demanding Course Of Action. In The Economy Of Action, Effort Is A Cost, And The Acquisition Of Skill Is Driven By The Balance Of Benefits And Costs. Laziness Is Built Deep Into Our Nature.