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A Joosr Guide to Thinking, Fast and Slow by Daniel Kahneman

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In today's fast-paced world, it's tough to find the time to read. But with Joosr guides, you can get the key insights from bestselling non-fiction titles in less than 20 minutes. Whether you want to gain knowledge on the go or find the books you'll love, Joosr's brief and accessible eBook summaries fit into your life. Find out more at joosr.com.

Do you consider yourself to be a rational person who makes decisions based on reason and analysis. In fact, most of the decisions you make every day are intuitive. Gain insight into how you can utilize your brain's two systems of thinking in perfect coordination to make great decisions in your life.

In this book, Daniel Kahneman explores the way in which our mind makes decisions and judgments. He describes the two contrasting processes that our mind follows when we think. The first intuitive “fast” thinking process that happens almost unconsciously and the “slow” second process where the thinking happens deliberately and consciously. Thinking, Fast and Slow gives you practical techniques for slower, smarter thinking, which will enable you to make better decisions in all aspects of your life.

You will learn:

· How your aversion to risk affects your decision making

· Why the memories you make lead you to make bad decisions

· Why you can't always trust your intuition.
This book is currently unavailable
21 printed pages
Publication year
2015
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Quotes

    Alexander Sokolovhas quoted4 years ago
    your decision making and judgment always objective and practical?
    The answer is a resounding “No!” In fact, our mind is conditioned to be optimistic even when it is not warranted. When undertaking a very risky endeavor, we may remain confident because of this misguided optimism. It clouds our rational ability to gauge risks, learn from past mistakes, or seek advice from people who have expertise in the area. This delusional “feel good” optimism keeps us from investing enough time in planning the endeavor. It gives us the false impression of having a great deal of control over a situation whilst, in fact, this may not at all be true.
    b4047031363has quoted2 years ago
    We must force our System 2 into action to assess the actual facts and figures of our decisions, rather than letting our emotional responses take control. Only then will we overcome the influence of framing on our decisions.
    b4047031363has quoted2 years ago
    Your System 1 thinking process is keeping accounts in your head—calculating your loss, gain, risk and reward, and attaching emotions to the various outcomes. Whether it is out of fear of regret or to give an impression of expertise or simply down to delusional optimism, our emotions tend to color our decisions significantly.

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