Summary: Thinking, Fast and Slow

by Gene Williams

Every day, we come to many decisions and judgments without even being aware of how our minds do it. Tiger Woods approach to birdies and bogies was costing him a million dollars a year until he uncovered his error in judgment. Discover the impact in your life as you learn about the biases and faults of our fast thinking, and how it influences our behavior. Learn to understand the impact of loss aversion, what makes us happy, and how anchors affect our decisions on risk.

Find out:

•About our thought biases and faults, and the techniques needed to use to guard against the challenges them.
•How we have two systems of thought that drive the way we think: System 1 is intuitive, fast, and emotional, and System 2 is deliberate, slow and logical.
•How to tap into the benefits of slow thinking.
•How intuition pervades our thoughts and behavior.
•How cognitive biases affect everything from playing the stock market to planning our vacations.
•And much more…

Once you’ve read this summary of Daniel Kahneman’s Thinking, Fast and Slow, you’ll have a clearer understanding of how you make decisions and judgments. You’ll also have the tools needed to understand and come to better decisions. Kahneman, the Nobel Prize winner in Economics combines his expertise in psychology with economics in his groundbreaking tour of the mind.

87 pages, Kindle Edition

First published February 7, 2013