This book has 5 recommendations
John Lilly (Partner/Greylock Partners)
This book is amazing—it didn't change my mind, so much as it has changed the way I think. It helps to understand the difference between the way you make quick decisions, versus considered decisions—it takes different mechanisms in the brain. Understanding which you're doing at any given time can have a profound impact on what you ultimately decide.
Barack Obama (Former USA President)
A few months ago, Mr. Obama read “Thinking, Fast and Slow,” by Daniel Kahneman, about how people make decisions — quick, instinctive thinking versus slower, contemplative deliberation. For Mr. Obama, a deliberator in an instinctive business, this may be as instructive as any political science text.
Ola Olusoga (Co-founder/Populum)
Like Charlie Munger once said: “I’ve long believed that a certain system - which almost any intelligent person can learn - works way better than the systems most people use [to understand the world]. What you need is a latticework of mental models in your head. And, with that system, things gradually fit together in a way that enhances cognition. Just as multiple factors shape every system, multiple mental models from a variety of disciplines are necessary to understand that system". You can read this book to start building a "latticework of mental models in your head".
Michael Herrmann (Founder/Terminerinnerung)
Summary of the life's work of a world-leading researcher in psychology, and his findings. Extremely interesting.
Tudor Mihailescu (Finance and Business Enablement Manager)Thinking Fast and Slow by Daniel Kahneman is more than a book, it’s really a compendium of wisdom. As a result, you can only sip it slowly, it’s a very condensed writing. Kahneman proves, after many years of studies and an amazing partnership with a Amos Tversky, what huge gap lies between how we think we act/make decisions and how we really do. This has had an impact both on my professional life as well as personal one, in the broader area of decision making. With this “bible” under the belt, one can further study this space of decision making with other great works like Nudge (Thaler) or Decisive (Heath/Heath).
In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned 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. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.
See more books written by: Daniel Kahneman