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)
A very structured, analytical discussion about how the human mind perceives and assesses the world for intelligent decision making. In a nutshell, we operate in two speeds, as indicated by the title of the book. The reading is sometimes dry, but the ideas are refreshing and insightful.
The book's nonlinear organization makes it possible to start at any chapter.Each section is broken down into an explanation of the theory, supporting evidence, and some examples of application in the real world.
On a personal level, reading through the various sections caused me to rethink how I approach certain problems, personalities, and life decisions. The concepts posed by Kahneman help explain why and how people make decisions, and clearly show the bigger implications with multiple examples of everyday life.
Kahneman is no pundit or pop culture author in this area; he has spent his life as an academic and researcher, and has received a Nobel prize for his work.
This is not a fast moving book, so it may drag out a long bike ride or run. That said, sometimes the principles discussed require a short pause to digest, especially if listening while engaged in an activity that requires concentration.
yes, but it should be read by someone else.
a good reader, but unfortunately his voice and reading style just made this already "dry" book even harder to listen. It almost became unbearable to me half way through. The author could have read it without risking the outcome.
maybe a good idea to read the book also.
I listened to this book and really enjoyed it, but reading it in hard copy is probably a much better way to actually absorb the information. This is not to detract from the narrator; I can't imagine a better reader for the material than Patrick Egan. The information is really well presented, even in audible form, but being able to see the illustrations and lists, re-read and review the concepts, principles, and examples would have helped make it all "stick." At least, I should have downloaded the available pdfs from the audible.com website, and may yet...
The book provides research-based information about the way we think, form opinions, and make decisions. The interesting examples and study anecdotes make the concepts quite accessible. The premise of the book is based on our two systems of thinking: system 1 is fast, gut-level, emotional, and intuitive. System 2 is slow, analytical, and methodical. Sometimes these systems are referred to as right and left brains, but Kahneman does not use that language. Each system has both advantages and disadvantages. I found it interesting and reassuring to learn that even illustrious researchers with years of statistical study and application (D.K. calls them "econs") manage to fall into the same flawed thinking patterns as most everyone else.
This book explores the delta between science and intuition and points out flaws in our intuition. This has some very great insights into the human psyche and will be a great foundation of knowledge for anyone trying to understand knowledge, intellect, intuition, statistics and a host of other topics that have been brought together over the course of Kahnemn's career. This book can be his legacy.
Has much repetitive information (and an almost uncomfortable amount of name-dropping). It could, and should, be 40% shorter. But the good parts are worth it.
I would give $100,000 to have read this book thirty years ago: because I am certain that I would be at least $500,000 richer today if I had. I do not know how to recommend a book more strongly; if I did I would do it.
The book provides deep insights into how we think and therefore touches on many aspects of life. These insights that not only affect one's world view but much of what one does every single day.
If I were a teacher (on whatever subject), I would make this book part of my course; if I were the head of an educational institute, I would make sure all students learn its contents before they graduate. I would like to give this book to every young person I care about (and not so young persons too). If I were Bill Gates, I would give a copy to every one alive.
There are books that are "great" in various ways, from the Bible to Tolstoy novels to Lao-tzu to Eckhard Tolle. This one has no claim to "greatness", but it is surely among the most useful, at least to anyone who still lives in the mundane.
This was a hard book to listen too. There were graphs and charts and figures being referred to and, well, I wasn't going to try and find those things while I was driving. I didn't get through it all. Quickly became a bit easy to predict and not very interesting. Wouldn't buy it again.
No, because the author refers to a pdf exhibit frequently throughout the book, has the reader do exercises and activities, etc. Not convenient for someone listening in the car.
I would recommend reading it either on kindle or hard copy.
I really felt insulted at the pace and the level of detail provided. The narrator was so slow I was losing interest. The content was so thick & voluminous that I understood the point of the story about 1/3 of the way through; but had to keep listening. The content was great but the telling of the story was very laborious.I guess I'm a little faster than most, but really this book over 20 hours of this type of thing. Maybe they could read "Made to Stick" By Chip & Dan Heath. Get to the core of the message and illustrate with a few stories, move on.
The pace and level of detail provided was too slow, too detailed. (I love details, but not all of them)
I may buy the book as a reference, I thought that there were many great things brought out if you're patient enough to wait for them.
I loved hearing this book. What is said makes complete sense. Very easy to follow. Takes the listener to depths of how the brain works. There is an uncanny truth about what's said in the book. We don't notice what we are thinking, but this book draws the attention to it.
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