Long and sometimes repetitive, but the ideas are important enough to justify the length. The anchoring experiments are particularly striking. A book that has actual practical value beyond just being interesting, which is rare.
by Daniel Kahneman
In the highly anticipated Thinking, Fast and Slow, Kahneman 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. Kahneman exposes the extraordinary capabilities—and also the faults and biases—of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation—each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trus…
Long and sometimes repetitive, but the ideas are important enough to justify the length. The anchoring experiments are particularly striking. A book that has actual practical value beyond just being interesting, which is rare.
Kahneman's System 1 and System 2 framework is one of those conceptual tools that permanently changes how you see your own thinking. Dense in places, but every chapter offers something concrete and surprising. The chapters on loss aversion and the planning fallacy alone are worth the whole book.
Required reading for anyone who makes decisions, which is everyone. Kahneman is not telling you how to think better so much as showing you all the ways you already think poorly without knowing it. Humbling and genuinely useful in equal measure.
Bonnie Garmus
