It Doesn't Take Many Observations To Think

People Are Very Good [at] Thinking About Agents. The Mind Is Set Really Beautifully To Think About Agents. Agents Have Traits. Agents Have Behaviors. We Understand Agents. We Form Global Impression Of Their Personalities. We Are Really Not Very Good At Remembering Sentences Where The Subject Of The Sentence Is An Abstract Notion.

When You Are Under Time Pressure For A Decision, You Need To Follow Intuition.

There's A Tendency To Look At Investments In Isolation. Investors Focus On The Risk Of Individual Securities.

I Have Always Believed That Scientific Research Is Another Domain Where A Form Of Optimism Is Essential To Success: I Have Yet To Meet A Successful Scientist Who Lacks The Ability To Exaggerate The Importance Of What He Or She Is Doing, And I Believe That Someone Who Lacks A Delusional Sense Of Significance Will Wilt In The Face Of Repeated Experiences Of Multiple Small Failures And Rare Successes, The Fate Of Most Researchers.

My Impression Is That The Elimination Of Memories Greatly Reduces The Value Of The Experience.