An Executive Might Have A Very Strong

There Is General Agreement Among Researchers That Nearly All Stock Pickers, Whether They Know It Or Not-and Few Of Them Do-are Playing A Game Of Chance.

There's A Very Good Reason For Why Economics Developed The Way It Did, And That Is That In Many Situations, The Assumption That People Will Exploit The Opportunities Available To Them Is Very Plausible, And It Simplifies The Analysis Of How Markets Will Behave.

Psychologists Really Aim To Be Scientists, White-coat Stuff, With Elaborate Statistics, Running Experiments.

The Experiencing Self Lives In The Moment; It Is The One That Answers The Question, 'does It Hurt?' Or 'what Were You Thinking About Just Now?' The Remembering Self Is The One That Answers Questions About The Overall Evaluation Of Episodes Or Periods Of One's Life, Such As A Stay In The Hospital Or The Years Since One Left College.

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