Monday, November 11, 2013

Thinking, Fast and Slow by Daniel Kahneman

Title: Thinking, Fast and Slow

Author: Daniel Kahneman

Published: Farrar, Strous, and Giroux, 2011

Pages: 499

Summary: 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.  (Taken from Goodreads)

Thoughts: I started this book for my university work but I wanted to talk about it because it is such a good book that I feel like I should share it with anyone who will pay attention.  I really want to walk around with this book, shoving it into people’s hands and telling them to read it as it will really blow their minds.  Unless of course, you have a degree in psychology, then you probably won’t be surprised.

I feel like this book has practically everything, it talks statistics, psychology, philosophy, economics, almost everything you could think of.

Daniel Kahneman provides a narrative that sucks you in from the first page and from there it keeps flowing in such a way that pages just fly by.  It’s a non-fiction book that almost feels like a fictional novel.

I found Thinking, Fast and Slow to be quite intriguing as it discusses how people think in two systems, a fast, automatic response and a slower more logical response.  The book has examples for people to try out and it’s surprising just how many of the things I think I don’t do but that my responses to the examples showed I thought the same way for a lot of things.

This is definitely something different to what I would normally read but I would definitely encourage everyone to read it because it is highly insightful and is written in such a way that keeps you engaged right up until the very end.

Source: Purchased

1 comment:

  1. After reading this book, you will understand that acquiring, developing, and maintaining our own expertise is a lifelong challenge for us all.
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