Irrational Quote by Whitney Tilson

We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are…

— Dan Ariely

“Standard economics assumes that we are rational... But, as the results presented in this book (and others) show, we are far less rational in…

— Dan Ariely

While the apostles of the new so-called "behavioral" theory present ample evidence of how often human beings make irrational financial decisions, it remains to…

— John C. Bogle

Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.

— Evan Davis

It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like…

— Dan Ariely

No reputable economist anywhere believes it's gambling an economic tool

— John Warren Kindt

I think for a lot of people, the financial barrier is the biggest leap (that) you have to take. A lot of people don't…

— Chris Gethard

Researchers may like to think that, given all the facts, we make rational choices. Ask economists how that assumption works out for them. No,…

— Kyle Hill

Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you…

— David Einhorn

“There is always opportunity cost in choosing one path over others. The betting elements of decisions—choice, probability, risk, etc.—are more obvious in some situations…

— Annie Duke

It's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being…

— Paul Krugman

Investment must be rational; if you can't understand it, don't do it.

— Warren Buffett