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Thinking, Fast and Slow: 30 Minute Expert Summary
Thinking Fast and Slow ...in 30 minutes is the essential guide to quickly understanding the important lessons on decision-making outlined in the New York Times best seller Thinking Fast and Slow.
In Thinking Fast and Slow author Daniel Kahneman gets to the bottom of how to make good decisions and when to trust your intuition. Kahneman wants readers to avoid putting too much weight on acting quickly on their intuition when making decisions, as intuition is frequently colored by overconfidence and bias. He presents the concept of humans "thinking fast and slow"--the idea that human thought can be divided into two slow and painstaking thought, and quick, intuitive thought. Through detailed research and real-life examples, Thinking Fast and Slow teaches readers when to apply each type of thought in order to improve everything from playing the stock market to increasing personal happiness. Thinking Fast and Slow will change the way you think and improve the quality of your decisions, both large and small.
Understand the key ideas of Thinking Fast and Slow in a fraction of the time, with tools such
As with all books in the 30 Minute Expert Series, this book is intended to be purchased alongside the reviewed title Thinking Fast and Slow.
In Thinking Fast and Slow author Daniel Kahneman gets to the bottom of how to make good decisions and when to trust your intuition. Kahneman wants readers to avoid putting too much weight on acting quickly on their intuition when making decisions, as intuition is frequently colored by overconfidence and bias. He presents the concept of humans "thinking fast and slow"--the idea that human thought can be divided into two slow and painstaking thought, and quick, intuitive thought. Through detailed research and real-life examples, Thinking Fast and Slow teaches readers when to apply each type of thought in order to improve everything from playing the stock market to increasing personal happiness. Thinking Fast and Slow will change the way you think and improve the quality of your decisions, both large and small.
Understand the key ideas of Thinking Fast and Slow in a fraction of the time, with tools such
As with all books in the 30 Minute Expert Series, this book is intended to be purchased alongside the reviewed title Thinking Fast and Slow.
42 pages, Paperback
First published December 19, 2012
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August 26, 2023
Book of the Day – Thinking, Fast and Slow
Today’s Book of the Day is THINKING, FAST AND SLOW, written by Daniel Kahneman in 2013 and published by Farrar, Straus and Giroux.
Daniel Kahneman is an Israeli-American psychologist whose main research topics have been the psychology of judgment and decision-making, and behavioural economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). He established a cognitive basis for common human errors arising from heuristics and biases, and also developed the prospect theory.
I have chosen this book because I appreciated, since the first time I read it in 2014, how it helps readers become aware of how choices are made in both our business/professional and personal lives and how we can use different techniques to protect ourselves against the most common mental glitches that make us take wrong decisions.
THINKING, FAST AND SLOW is a book that bridges the gap between academic rigour and accessible prose, and I consider it a true milestone when we speak about behavioural psychology and cognitive science.
Kahneman, a Nobel laureate in economics, invites readers on a journey through the human mind, unravelling what he calls the two Systems that control our thinking processes: System 1 and System 2.
System 1, representing our intuitive and rapid-thinking mode, is designed to lead us to make quick judgments and decisions mostly based on instinct and heuristics. On the other hand, System 2, representing our analytical and deliberative mode, is a more thoughtful and deliberate way of making decisions, which uses conscious effort and mental resources.
Kahneman skillfully illustrates how these two systems interact and sometimes conflict with each other, and tells the readers how to become aware of these interactions and conflicts. The author reveals both the cognitive biases and errors that can occur if we rely too heavily on System 1 thinking, something that will lead us astray in situations where we should have chosen the more careful System 2 approach.
The practical insights shared across the pages are particularly valuable in today’s information-saturated world, where snap judgments can have heavily negative and long-lasting consequences.
Kahneman presents a relevant number of psychological experiments and real-world examples to support his insights. Whether he’s discussing prospect theory, loss aversion, the so-called endowment effect, or the availability heuristic, the author gives his readers clear, relatable anecdotes to easily understand these concepts that some may find complex. What’s more, he also gives practical advice on how to become aware of and mitigate the consequences of a mistake in using the most suitable System for each situation in our everyday decision-making.
Kahneman‘s writing style is remarkably lucid, avoiding unnecessary jargon and ensuring that even readers without a prior background in psychology and economy can fully engage with the material.
The book is not just a brilliant analysis of cognitive biases. It is a profound reflection on the human condition itself. Kahneman deals with deep topics like happiness, overconfidence, and the limitations of our predictive abilities, thus giving this book a clear philosophical dimension. He wants to challenge his readers to confront the fallibility of their own thinking processes while encouraging a humble recognition of their cognitive limitations.
THINKING, FAST AND SLOW is an exceptional journey into a deeper, more meaningful understanding of the inner workings of the human mind. It represents one of the best works in cognitive psychology and behavioural economics.
I definitely recommend reading this book to everyone willing to better understand the way their mind works and chooses.
Today’s Book of the Day is THINKING, FAST AND SLOW, written by Daniel Kahneman in 2013 and published by Farrar, Straus and Giroux.
Daniel Kahneman is an Israeli-American psychologist whose main research topics have been the psychology of judgment and decision-making, and behavioural economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith). He established a cognitive basis for common human errors arising from heuristics and biases, and also developed the prospect theory.
I have chosen this book because I appreciated, since the first time I read it in 2014, how it helps readers become aware of how choices are made in both our business/professional and personal lives and how we can use different techniques to protect ourselves against the most common mental glitches that make us take wrong decisions.
THINKING, FAST AND SLOW is a book that bridges the gap between academic rigour and accessible prose, and I consider it a true milestone when we speak about behavioural psychology and cognitive science.
Kahneman, a Nobel laureate in economics, invites readers on a journey through the human mind, unravelling what he calls the two Systems that control our thinking processes: System 1 and System 2.
System 1, representing our intuitive and rapid-thinking mode, is designed to lead us to make quick judgments and decisions mostly based on instinct and heuristics. On the other hand, System 2, representing our analytical and deliberative mode, is a more thoughtful and deliberate way of making decisions, which uses conscious effort and mental resources.
Kahneman skillfully illustrates how these two systems interact and sometimes conflict with each other, and tells the readers how to become aware of these interactions and conflicts. The author reveals both the cognitive biases and errors that can occur if we rely too heavily on System 1 thinking, something that will lead us astray in situations where we should have chosen the more careful System 2 approach.
The practical insights shared across the pages are particularly valuable in today’s information-saturated world, where snap judgments can have heavily negative and long-lasting consequences.
Kahneman presents a relevant number of psychological experiments and real-world examples to support his insights. Whether he’s discussing prospect theory, loss aversion, the so-called endowment effect, or the availability heuristic, the author gives his readers clear, relatable anecdotes to easily understand these concepts that some may find complex. What’s more, he also gives practical advice on how to become aware of and mitigate the consequences of a mistake in using the most suitable System for each situation in our everyday decision-making.
Kahneman‘s writing style is remarkably lucid, avoiding unnecessary jargon and ensuring that even readers without a prior background in psychology and economy can fully engage with the material.
The book is not just a brilliant analysis of cognitive biases. It is a profound reflection on the human condition itself. Kahneman deals with deep topics like happiness, overconfidence, and the limitations of our predictive abilities, thus giving this book a clear philosophical dimension. He wants to challenge his readers to confront the fallibility of their own thinking processes while encouraging a humble recognition of their cognitive limitations.
THINKING, FAST AND SLOW is an exceptional journey into a deeper, more meaningful understanding of the inner workings of the human mind. It represents one of the best works in cognitive psychology and behavioural economics.
I definitely recommend reading this book to everyone willing to better understand the way their mind works and chooses.
Displaying 1 of 1 review