“Thinking Fast and Slow” – Daniel Kahneman

Literature Summary

In Daniel Kahneman’s international bestseller, Thinking Fast and Slow, he takes on a journey of the mind and explains two different systems that drive our decisions. System 1 is fast, intuitive and emotional; System 2 is slower, more deliberate, and more logical. More specifically, he argues the impact of overconfidence has influence on corporate strategies, difficulties in predicting what makes us happy, the effect of biases on everything from stock market to our next vacation. The arguments can be understanding by knowing how these two systems interact with each other and shape our decision making.

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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.

Kahneman engages you in a great conversation about how we make decisions and reveals where can and cannot trust our instinct and how we can benefit from slow thinking. The book gives great techniques on how to guard against cognitive biases that can put you on the wrong path.

To learn more about the two systems and to guard against your own biases, please see link below:

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