The guru to the gurus at last shares his knowledge with the rest of us. Nobel laureate Daniel Kahneman's seminal studies in behavioral psychology, behavioral economics, and happiness studies have influenced numerous other authors, including Steven Pinker and Malcolm Gladwell. In Thinking, Fast and Slow, Kahneman at last offers his own, first book for the general public. It is a lucid and enlightening summary of his life's work. It will change the way you think about thinking.
Two systems drive the way we think and make choices, Kahneman explains: System One is fast, intuitive, and emotional; System Two is slower, more deliberative, and more logical. Examining how both systems function within the mind, Kahneman exposes the extraordinary capabilities as well as the biases of fast thinking and the pervasive influence of intuitive impressions on our thoughts and our choices. Engaging the reader in a lively conversation about how we think, he shows where we can trust our intuitions and how we can tap into the benefits of slow thinking, contrasting the two-system view of the mind with the standard model of the rational economic agent.
Kahneman's singularly influential work has transformed cognitive psychology and launched the new fields of behavioral economics and happiness studies. In this path-breaking book, Kahneman shows how the mind works, and offers practical and enlightening insights into how choices are made in both our business and personal lives - and how we can guard against the mental glitches that often get us into trouble.
©2011 Daniel Kahneman (P)2011 Random House Audio
“A tour de force. . . Kahneman’s book is a must read for anyone interested in either human behavior or investing. He clearly shows that while we like to think of ourselves as rational in our decision making, the truth is we are subject to many biases. At least being aware of them will give you a better chance of avoiding them, or at least making fewer of them.” (Larry Swedroe, CBS News)
“A major intellectual event . . . The work of Kahneman and Tversky was a crucial pivot point in the way we see ourselves.” (David Brooks, The New York Times)
“[Thinking, Fast and Slow] is wonderful, of course. To anyone with the slightest interest in the workings of his own mind, it is so rich and fascinating that any summary would seem absurd.” (Michael Lewis, Vanity Fair)
You know how sometimes reading a book changes your basic assumptions? This is one of those books for me. I readily admit that at times my mind wandered and I had to back up the recording. At time chapters were compelling and I couldn't stop listening.The premise of the book is that our brains operate on 2 systems, fast and slow. The fast being unconscious reactions and the slow thinking out problems. But what is different about this book is that the author describes multiple ways (halo effect, jumping to conclusions, priming and many more) that our brains use these 2 systems to make correct answers to complex problems, to mislead our decisions, to be manipulated, to respond quickly in threatening situations. I loved the research he quoted -- some his, some other people. It made the concepts understandable and were described in entertaining and interesting ways. This is not a self help book. Actual research backs up his ideas,not the 'I think', 'I saw', 'my friend said' reasoning. The author is the winner of the Nobel Prize, which to me validates his academic standing.
Though not always and easy book to listen to, I highly recommend it.
While to content is interesting, it is presented in a very dense, heavy manner. This is not an enjoyable pop-science read. And the 450 pages! Not a quick read either. If you want a more enjoyable read, explaining the same contents and experiments, consider reading Dan Ariely's three books: Predictably Irrational; The Upside of Irrationality; and, The Honest Truth About Dishonesty.
I love books about cognitive science and Kahneman and Tversky are giants in the field. They used thought experiments (followed up by actual experiments) to show how little insight we all have into our decision making processes -- how often we fall back on mental short cuts that give us incorrect answers, and how shockingly unaware we are of the problem. After hearing so many other authors reference their work, I thought it would be great to hear it described first hand, and it was, for the first half of the book, but Kahneman just tried to pack too much stuff in. And each chapter started with examples of how to use their new insights in business situations -- which seemed interesting at first, but got pretty annoying.
I read another review that said "probably good in text, not great as audio." - which sums it up for me. This audiobook is twenty hours long and it's a tedious twenty hours. If you're curious about the content in this book, you would likely be better off finding other books which are derived from the content in this one.
Dual process theory is interesting stuff; but more discussion of System 2 earlier on in the book would make things more interesting to listen to - I felt as if the attributes of System 1 were drilled repeatedly into my head and I was left craving more information about System 2.
Honest, Diligent and Clear.
Book contents provides a great insight on widespread cognitive biases of humans. It provides helpful models and explanations for non-rational behaviors. It scientific foundations are very solid, yet well vulgarized. Having previously read "The Happiness Hypothesis", "Switch" and "Blink" I consider this book as the most advanced one on the matter. I would not recommend it as an -entry- read, but a it's a must to someone who wants to dig deeper.
The narrator does an excellent job, considering that the book contents itself is very challenging to narrate. Is worded in a more scientific fashion: text is concise and every word matters. This means that you either need to be hyper-attentive, and/or frequently use the "rewind" button to get everything. ;-)
Also, obviously, the narrator cannot describe figures that are used in the book. That means that you must sometimes guess what the author talks about when referring to a figure.
Fascinating insight to daily thought, behavior, and decision making. I easily reference it once a month. After the intro and basic book summary the book is a little dry and clinical for the next couple of chapters. Push through and you will be rewarded with a book that you will think about and refer to for the rest of your life.
This is very difficult material, and the Author takes YOU right into the story. Standing around the water cooler chatting with friends. Dan takes his time teaching you words, ideas, and making it all flow in a wonderful way that will allow time to digest as you learn
Dan constantly draws you into the book with actual examples. You become a test subject, and you participate in the research. This is painful at times, many times you don't want it to be real. But you experience it.
This book calls into question just about everything you "know." My reaction was not extreme but the change from reading the book was.
There are many books in the brain science category now. This book, "brain rules", and "the brain that changes itself" are all 6 star books. This book is the most "difficult" and covers the most controversial topics. This book also comes with a PDF. That is mentioned about 20 times in the reading. I did not use the PDF, and the author goes over them verbally after each is mentioned. My brother used the PDF and found it very useful, but you can get by. Just wait and Dan will walk you through it.
i have much admiration for Kahneman & Tversky and i'm glad that Kahneman decided to publish a summary of their research. this is an excellent book, and a must-read for anyone interested in the science of the mind.
The concepts were easy to follow. They were just technical enough that they didn't feel completely for the layman.
I was a huge fan of this reader. I haven't listened to any of his previous work, but I would be more than happy to hear him read other books, he is better than most people who read in scientific fields.
I did want to listen to it all at once, but it's not a small book. I listened while I was driving mostly. But I enjoyed it so much that I bought the actual book for when I was not driving.
Amazing book. It was strange hearing from the man who's work is so quoted in other peoples work. But it was amazingly freeing. Just to demonstrate how pervasive his work really is: I have yet to listen to a book that deals with psychology of decisions/economics/general psychological motivations that have not quoted his work. He was also quoted in a book on Mathematics by Leonard Mlodinow and a book on Neurological Research by Michael Gazzaniga. And they aren't even dealing directly with Psychology or Economics.
Yes this was vary good for audio.
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