Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.

We think of our future as anticipated memories.

The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.

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.

Where fear is, happiness is not.

The real problem with happiness is neither its pursuers nor their books; it's happiness itself. Happiness is like beauty: part of its glory lies in its transience.

True contentment comes with empathy.

I think you have to be a father to understand those feelings… that happiness of being a father.