Week 33rd 2020
Thinking, Fast and Slow
Customer Reviews:
4.5 out of 5 stars
Highlights about this week’s book:
Major New York Times bestseller.
Over two million copies sold.
Selected by the New York Times Book Review as one of the ten best books of 2011.
Selected by The Wall Street Journal as one of the best nonfiction books of 2011.
2013 Presidential Medal of Freedom Recipient.
Daniel Kahneman's work with Amos Tversky is the subject of Michael Lewis's best-selling The Undoing Project: A Friendship That Changed Our Minds.
In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, world-famous psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think.
System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation―each of these can be understood only by knowing how the two systems shape our judgments and decisions.
Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives―and how we can use different techniques to guard against the mental glitches that often get us into trouble.
Topping bestseller lists for almost ten years, Thinking, Fast and Slow is a contemporary classic, an essential book that has changed the lives of millions of readers.
Thinking, Fast and Slow will transform the way you think about thinking.
“Profound . . . As Copernicus removed the Earth from the centre of the universe and Darwin knocked humans off their biological perch, Mr. Kahneman has shown that we are not the paragons of reason we assume ourselves to be.” ― The Economist
“Familiarity breeds liking.” ― Daniel Kahneman
“The worse the consequence, the greater the hindsight bias.” ― Daniel Kahneman
“We can be blind to the obvious, and we are also blind to our blindness.” ― Daniel Kahneman
“Nothing in life is as important as you think it is when you are thinking about it.” ― Daniel Kahneman
“The most effortful forms of slow thinking are those that require you to think fast.” ― Daniel Kahneman
“Jonathan Haidt said in another context, “The emotional tail wags the rational dog.” ― Daniel Kahneman
“If you care about being thought credible and intelligent, do not use complex language where simpler language will do.” ― Daniel Kahneman
“Maintaining one's vigilance against biases is a chore but the chance to avoid a costly mistake is sometimes worth the effort." ― Daniel Kahneman
“The easiest way to increase happiness is to control your use of time. Can you find more time to do the things you enjoy doing?” ― Daniel Kahneman
“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.” ― Daniel Kahneman
“The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even if they see little.” ― Daniel Kahneman
“acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions.” ― Daniel Kahneman
“The world in our heads is not a precise replica of reality; our expectations about the frequency of events are distorted by the prevalence and emotional intensity of the messages to which we are exposed.” ― Daniel Kahneman
“A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.” ― Daniel Kahneman
“Jumping to conclusions is efficient if the conclusions are likely to be correct and the costs of an occasional mistake acceptable. Jumping to conclusions is risky when the situation is unfamiliar, the stakes are high and there is no time to collect more information.” ― Daniel Kahneman
About Daniel Kahneman?
Daniel Kahneman is Eugene Higgins Professor of Psychology Emeritus at Princeton University and a professor of public affairs at the Woodrow Wilson School of Public and International Affairs. He received the 2002 Nobel Prize in Economic Sciences for his pioneering work with Amos Tversky on decision-making.
His empirical findings challenge the assumption of human rationality prevailing in modern economic theory. With Amos Tversky and others, Kahneman established a cognitive basis for common human errors that arise from heuristics and biases (Kahneman & Tversky, 1973; Kahneman, Slovic & Tversky, 1982; Tversky & Kahneman, 1974), and developed prospect theory (Kahneman & Tversky, 1979).
In 2011, he was named by Foreign Policy magazine to its list of top global thinkers. In the same year, his book Thinking, Fast and Slow, which summarizes much of his research, was published and became a best seller. He is professor emeritus of psychology and public affairs at Princeton University's Woodrow Wilson School. Kahneman is a founding partner of TGG Group, a business and philanthropy consulting company. He is married to Royal Society Fellow Anne Treisman.
In 2015 The Economist listed Daniel Kahneman as the seventh most influential economist in the world.
Straight from the horse’s mouth, watch Daniel Kahneman Talks at Google on how to think fast and slow!