In Thinking, Fast and Slow, the authors take us on a tour of the mind and explain the major systems that drive how we think. The author also explains the extraordinary capabilities of fast thinking. The author also details the impact of overconfidence on corporate strategies, challenges of properly framing these risks, the effect of cognitive biases. The author engages readers in a conversation about how we think, where we should trust our intuitions and how to tap into the benefits of slow thinking. The author provides practical insights into how the choices are made and how we should use different techniques to guard against our mental glitches.
The book is fascinating. You come out of it knowing that it is so easy to fool and we also realize that we already know most of it and never used it. Humans are not so good at mental statistics; we are also bad at statistics. The author says that Sociology also allows us to defend ourselves from others manipulating us. You can learn to fool yourselves as a human.
This book is worth a read but what is particularly good about it is that you come away from it knowing we are remarkably easy to fool. It's because we think we know stuff that this comes as a constant surprise to us.
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