The brain's scientists are the wave of the future in the financial world. You'd better pay very serious attention to them.
financescientistbrain human-behavior
The brain scientists are the wave of the future in the financial world. If you seek to maximize understanding, whether you're in academia or in the investment community, you'd better pay serious attention to them.
Money does not buy you happiness, but lack of money certainly buys you misery.
happiness misery money
A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.
management psychology science social-behavior tod
Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition. These findings add to the growing evidence that good mood, intuition, creativity, gullibility, and increased reliance on System 1 form a cluster. At the other pole, sadness, vigilance, suspicion, an analytic approach, and increased effort also go together. A happy mood loosens the control of System 2 over performance: when in a good mood, people become more intuitive and more creative but also less vigilant and more prone to logical errors.
creativity gullibility mood rationality
Nothing in life is as important as you think it is when you are thinking about it.
biases focus focusing-illusion heuristics importance priorities thinking
We have an unlimited ability to ignore our ignorance.
ignorance life tod
It's a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.
health life optimism tod
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.
progress volatility