You Should Not Take Your Intuitions At

Doubts Are Suppressed By Groups... But Remember That The Internal Incentives That Shape How The Group Perceives Risks And Rewards May Be Very Different From The Reality Of The Risks And Rewards In The External Marketplace. Those Incentives Can Distort Risk Perception.

Banks Are Run By Executives, And Executives Protect Themselves, And That Does Not Always Mean That Banks Are Going To Behave Rationally.

The Experiencing Self Lives Its Life Continuously. It Has Moments Of Experience, One After The Other.

To Know Whether You Can Trust A Particular Intuitive Judgment, There Are Two Questions You Should Ask: Is The Environment In Which The Judgment Is Made Sufficiently Regular To Enable Predictions From The Available Evidence? The Answer Is Yes For Diagnosticians, No For Stock Pickers. Do The Professionals Have An Adequate Opportunity To Learn The Cues And The Regularities? The Answer Here Depends On The Professionals' Experience And On The Quality And Speed With Which They Discover Their Mistakes.

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