We're Complicated

From a remarkable childhood encounter with a German SS agent, Nobel Prize-winning psychologist Daniel Kahneman learned that humans are complex creatures. The lesson informs his views of life and how we make decisions, including (this is in Forbes, after all) on investing. "We think, each of us, that we’re much more rational than we are," he says. "And we think that we make our decisions because we have good reasons to make them. Even when it’s the other way around. We believe in the reasons, because we’ve already made the decision" (video and transcript): http://www.forbes.com/sites/steveforbes/2013/01/24/nobel-prize-winner-daniel-kahneman-lessons-from-hitlers-ss-and-the-danger-in-trusting-your-gut/