We're blind to our blindness. We have very little idea of how little we know. We're not designed to know how little we know.

All of us roughly know what memory is. I mean, memory is sort of the storage of the past. It's the storage of our personal experiences. It's a very big deal.

We are very influenced by completely automatic things that we have no control over, and we don't know we're doing it.

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.

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

The brains of humans contain a mechanism that is designed to give priority to bad news.