We also have a skewed perception of probable gains and losses: We overestimate the likelihood of unlikely things. Insurance is a profitable business because people would rather suffer a series of guaranteed small losses (premiums) than risk a single but unlikely catastrophic loss

Speaking to others, before acting, is a great way to slow your thinking.

Kahneman’s body of work demonstrates that we are often wrong but frequently confident. These shortcuts and mistakes are present in the structure of our brains, and impossible to avoid, but recognizing them helps us discern between trivial and important decisions and invest the appropriate intellectual capital.

I have often tried to identify a guide or sherpa for different aspects of my life. Jesus and Muhammad Ali are my Yodas around social issues (love the poor, be fearless and poetic) and Peter Drucker informs my views on the economy (the purpose of an economy is to create a middle class), etc.

A media ecosystem that focuses on engagement vs. enlightenment will get you to whatever conclusion sanctifies your beliefs.

We are increasingly deferring to our guts and emotions vs. slowing our thinking.

When my kids are disagreeable (i.e., awful), or my partner is upset/angry, I often respond as if it’s a threat to my authority or value. I reflexively escalate and get back in their face(s). I now try to disassociate. What I mean by that: I take myself out of my “self” and see someone I care about upset. Being an observer, vs. being in the line of... See more

Something I wish I’d figured out when I was younger is that greatness is in the agency of others.