Political Columnists And Sports Pundits

It's Not A Case Of: 'read This Book And Then You'll Think Differently. I've Written This Book, And I Don't Think Differently.

In A Rising Market, Enough Of Your Bad Ideas Will Pay Off So That You'll Never Learn That You Should Have Fewer Ideas.

We Are Prone To Overestimate How Much We Understand About The World And To Underestimate The Role Of Chance In Events.

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

The Illusion Of Skill Is Not Only An Individual Aberration; It Is Deeply Ingrained In The Culture Of The [investment Management] Industry.