All Of Us Would Be Better Investors

Through Some Combination Of Culture And Biology, Our Minds Are Intuitively Receptive To Religion.

However, Optimism Is Highly Valued, Socially And In The Market; People And Firms Reward The Providers Of Dangerously Misleading Information More Than They Reward Truth Tellers. One Of The Lessons Of The Financial Crisis That Led To The Great Recession Is That There Are Periods In Which Competition, Among Experts And Among Organizations, Creates Powerful Forces That Favor A Collective Blindness To Risk And Uncertainty.

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

When People Think Of The Outcomes Of Their Decisions, They Think Much More Short Term Than That. They Think In Terms Of Gains And Losses.

You Can Always Find An Evolutionary Quotation For Anything. But The Question Is Whether It's Functional, Which Is Not The Same As Being Evolutionary.