“There's literally no difference between a physician recognizing a disease from a "facial expression", and a little child pointing to something and saying "doggie".” executionrisk
“A recurrent theme of this book is that luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome.” mindset
“Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.” mindset
“A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth.” leadershipmindset
“It is the of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.” mindset
“There is a deep gap between our thinking about statistics and our thinking about individual cases.” riskmindset
“Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.” mindset
“He's taking an inside view. He should forget about his own case and look for what happened in other cases.” mindset
“There is no evidence that risk takers in the economic domain have an unusual appetite for gambles on high stakes; they are merely less aware of risks than more timid people are.” executionleadershiprisk
“A rare event will be overweighted if it specifically attracts attention. [...] And when there is no overweighting, there will be neglect.” mindset
“Unless there is an obvious reason to do otherwise, 'most of us passively accept decision problems as they are framed and therefore rarely have an opportunity to discover the extent to which our preferences are frame-bound rather than reality-bound.” execution
“Experienced well-being is on average unaffected by marriage, not because marriage makes no difference to happiness, but because it changes some aspects of life for the better and others for the worse.” risk
“Although humans are not irrational, they often need help to make more accurate judgements and better decisions. [...] [They] also need protection from others who deliberately exploit their weaknesses [...].” risk