Barry Schwartz explains at the TED conference the secret to happiness: Low expectations.

TED (Technology, Entertainment, Design) is an academic organization owned by The Sapling Foundation, a private nonprofit foundation.TED is well-known for its annual, invitation-only conference devoted to “ideas worth spreading”.TED is famous for its lectures, known as TED Talks, which originally online marketing focused on technology, entertainment and design, but have now expanded in scope to a broad set of topics including science, arts, politics, education, culture, business, global issues, technology and development. Speakers have included such people as former U.S. President Bill Clinton, Nobel laureates James D. Watson, Jane Goodall, and Al Gore, Microsoft co-founder Bill Gates, Google co-founders Sergey Brin and Larry Page, and Billy Graham.The TED staff is headquartered in New York City and Vancouver. The conference has been held in Monterey, California, since its online payments founding, but as of 2009 is being held in Long Beach, California due to an increased number of attendees.The TED conference also has a companion conference, TEDGlobal, held in varying locations. This year, TEDGlobal 2009, “The Substance of Things Not Seen,” will be held in Oxford, UK on July 21-24, 2009. The next event is TEDIndia which takes place in Mysore, India on 4 - 7, November, 2009. “What the World Needs Now, TED2010,” will be held in Long Beach, California on February 9-13, 2010.