We have in our head a remarkably powerful computer, not vast by conventional hardware standards, but able to represent the structure of our world by various types of associative links in a vast network of various types of ideas.

The idea that you can ask one question and it makes the point - well, that wasn't how psychology was done at the time.

If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.

If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

I don't try to be clever at all. The idea that I could see what no one else can is an illusion.

If there is time to reflect, slowing down is likely to be a good idea.

We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.