The Illusion That We Understand

After A Crisis We Tell Ourselves We Understand Why It Happened And Maintain The Illusion That The World Is Understandable. In Fact, We Should Accept The World Is Incomprehensible Much Of The Time.

Individual Investors Predictably Flock To Stocks In Companies That Are In The News.

Some Memories Come With A Very Compelling Sense Of Truth About Them. And That Happens To Be The Case Even With Memories That Are Not True.

When People Believe A Conclusion Is True, They Are Also Very Likely To Believe Arguments That Appear To Support It, Even When These Arguments Are Unsound.

I Used To Hold A Unitary View, In Which I Proposed That Only Experienced Happiness Matters, And That Life Satisfaction Is A Fallible Estimate Of True Happiness.