“We focus on our goal, anchor on our plan, and neglect relevant base rates, exposing ourselves to the planning fallacy. We focus on what we want to do and can do, neglecting the plans and skills of others. Both in explaining the past and in predicting the future, we focus on the causal role of skill and neglect the role of luck. We are therefore prone to an illusion of control. We focus on what we know and neglect what we do not know, which makes us overly confident in our beliefs.”
― Thinking, Fast and Slow
― Thinking, Fast and Slow
“Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.”
― Thinking, Fast and Slow
― Thinking, Fast and Slow
“A simple rule can help: before an issue is discussed, all members of the committee should be asked to write a very brief summary of their position. This procedure makes good use of the value of the diversity of knowledge and opinion in the group. The standard practice of open discussion gives too much weight to the opinions of those who speak early and assertively, causing others to line up behind them.”
― Thinking, Fast and Slow
― Thinking, Fast and Slow
Kerttu’s 2025 Year in Books
Take a look at Kerttu’s Year in Books, including some fun facts about their reading.
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Biography, Classics, Fiction, History, Philosophy, Psychology, Science, Self help, Spirituality, and Travel
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