Discover how your brain works, learn its biases and errors, so you can make better decisions.
In this book, winner of the Nobel Memorial Prize in Economics, Daniel Kahneman, summarizes decades of research to help us understand what really goes on inside our heads – the psychological basis for our reactions, judgments, perceptions and choices. By learning how our mind works, being aware of our intuitive biases and errors of judgement, we can improve our decision-making skills, shape how we think and how we live our lives.
Here are some powerful takeaways you can expect from this summary by ReadinGraphics:
• Find out what the 2 contrasting systems of our brain are, and how they work;
• Understand the Law of Least Effort and how it affects how we think;
• Learn the various heuristics (or mental shortcuts) that we use, often subconsciously;
• Understand the overconfidence, biases and errors caused by these heuristics, and how they affect our choices;
• Know the difference between our “experiencing self” and our “remembering self”, and how you can live a more fulfilling life.
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• A one-page reading graphic, or infographic summary in pdf; and
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Keywords: Economics, Daniel Kahneman, Decision Making, Heuristics, Mental Errors, Psychology, Thinking Fast and Slow
If your objective, like it is when one finishes reading a self-help book, is to implement what Mr. Kahneman has to say in real life and benefit from it, I should warn you, you will be sorely disappointed. Believe it or not, in my opinion, I believe Mr. Kahneman is telling you exactly that in this book – that whether you like it or not, your entire life is guided or may I say decided by two fundamental ideas and that there is very little you can do to change it, period…
So, having said that, shelving this book in psychology section would be gross injustice. In my view this is such a good commentary of human nature. The two are different, very much so….
Read it, totally worth it in my opinion…, this book is an eye opener. [Review from Goodreads]
Kimber Lybbert –
This is tough reading in places. I mean, let’s face facts: there are math problems involved (sort of). But it’s pretty interesting–so much so that I wish I would have taken some notes, because there were things I wanted to think more deeply about, and learn more about, but now I can’t remember what they were, so I might have to read it again.