I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

My mantra is if you want to help people accomplish some goal, make it easy.

There's no reason to think that markets always drive people to what's good for them.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

The lesson from behavioral economics is that people only save if it's automatic.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.

A good rule of thumb is to assume that everything matters.

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.

We pray for the big things and forget to give thanks for the ordinary, small (and yet really not small) gifts.

You couldn’t control how your story started, but you can write a few good pages in there

A culture of honor is celebrating who a person is without stumbling over who they're not.

I grew up in a village of about 800 people surrounded by lakes and woods, and I think it's made a definite impact on me.

When I sleep I sleep and do not dream because it is as well that I am what I seem when I am in my bed and dream.

The greater number of landscapes I explored, the more it seemed that they had traits in common and that the essence of each was not its uniqueness but its similarity to others.

I am genuinely an Independent. I agree more often than not with Democrats on domestic policy. I agree more often than not with Republicans on foreign and defense policy. I'm an Independent.

I've never felt that using something with tongue in cheek has been a bad thing.

For me, relationships are the real action movies. Bombs are exploding every day and the kitchen is Ground Zero.

We can never be certain about the future and therefore we must continue to be flexible and adaptable so that we can react quickly to the needs of our clients and our market place.