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 large portion of the time when I am listening to audio books, I am working out or walking the dog. Unfortunately, this audio book is ill suited to those types of activities. The material is interesting and well presented, but frequently too abstract when you have to compensate for frequent minor distractions. It would be best listened to with the accompanying PDF in front of you and the rewind button easily at hand to review what the author has written when he presents examples. Despite the, the book is a good listen if you are interested in probability, statistics, economics, and psychology. I will very likely borrow a written copy of the book at some time in the future to review the sections that were just too difficult for me to fully understand in the audio format.
The key problem I found was that the author frequently presents several types of statistical comparisons at once and then asks the listener to compare them. This may be simple in a written format, but in a audible format it can be very difficult, especially without a rewind or stop button easily available. As in most technical books with a little bit of depth, one often needs a little time and review to fully understand the concepts an author is presenting. Saying that does not discredit the author, but means that the listener is going to have to spend a little more time, effort, and preparation to understand what the author is sharing with the listener. Again, listening to the book with the accompanying PDF in front of me and my finger on the index button would have likely made a huge difference in my experience.
Although this book is essentially twice as long as any other book in it's category, it's worth it. If you are interested in how humans think and understanding what "intuition" is from a scientific perspective is, click "Add to cart" NOW. I had a lot of fun with it and can honestly say I understand things in my life quite different after this one. You will carry around this new found knowledge with you to the office, the field, conferences, parties.
The general idea of the book is in the understanding of how our two "systems" as he puts it, interact with each other to make decisions in our lives. We have a very quick, responsive system that reminds me very much like a calculator or RAM on a computer and then a more cognitive, "thinking" system that is truly lazy. Basing off the first system inputs, if our surroundings seem parallel with a heuristic or "match", the second system commits to that decision. I apologize because I'm trying to sum up 20 great hours of explanation into a few sentences.
Being that I work in design/user experience for an impacting company I have read a number of these "types" of books. This had the most info and was the easiest to close the cover and go "holy $---, I get it now!" Enjoy!
This book provides some great insights into how our minds work, and when you analyze your own, you will soon realize that yours is also being hacked on a daily basis without you even being aware of it.
Being an IT security expert, it is difficult to not draw parallels to that universe when reading this book, realizing how our minds are being exploited on a daily basis without us even noticing.
Some of the topics and examples are fairly well known and the reader have most likely heard about or experienced them before, but here you get a good explaination for them and how much of it fit together. Those of you who are facinated by skilled mentalists like Derren Brown will gain some insights to some of their
The easy-to-grasp explainations and the practical examples demonstrating how these traits apply also to the readers mind.
Very good reading voice and overall performance, perfect fit with the right level of authority and credibility.
It made me wonder where i can get an antivirus for my brain.
Mandatory reading for all wanna be mind hackers.
Entrepreneur, marketer, Zen Buddhist.
I've been a junkie on this topic ever since I took the first class Richard Thaler (Author of "Nudge" and heavily cited in this book) ever offered on Behavioral Decision Theory. Kahneman and Tversky are the great pioneers of the subject. Kahneman's book does not disappoint. This subject is so important it should be required reading.
Kahneman does an excellent job of making the subject clear and understandable. The narration is excellent. This is a first-class effort in every way.
Overall this is a great piece because you will pick up something new each time you listen to it. But it makes reference to the PDF files attached. This isn't going to help while driving or doing chores.
I had the same problem with Wiseman's "59 seconds" but I solved that with getting a hard copy.
I would have never imagined such a thought process existed. Kahneman does an amazing job in describing the method of behavioral decision making. He breaks it down into two systems, system one and system two, that are responsible for the way we think and make choices. System one being fast, intuitive, and emotional; while system two is slower, more premeditated, and more logical. While listening to the book I began to inquire about my thought process and which system was more dominant in significant decisions I have made to this day.
If you are interested in how you and others make decisions I would highly recommend this book. The knowledge gained is relevant throughout your life time and is an excellent topic of conversation for just about any setting. If you like this review I would advise following through with system one and add this book to cart!
This is a great book best experienced in another form. Many times the narrator refers to illustrations or figures that are available separately. The digital ebook or paper book version of this is probably a better way to experience this.
Still listening. Sometimes the chapters have to be rewound. Brimming with insights. As the argument progresses, one sometimes needs to stop, slow-think in system 2, and then restart. The work cannot be praised enough. At every other turn one is reminded of Socrates, whose premise was that the ideas exist in us. They just need to be drawn out by proper application of the mind. This book is brimming with ideas so well presented that once understood, they very easily become system 1 (with some practice of course). Amazing.
Learning the tools by which to understand and apply the book. This would be the first two hours. One moment is hard to pinpoint in such non-fiction as this.
The narrator could be better. But its ok. The work is very powerful, and the narrator is good enough. This could be something subjective as well so I don't want to judge harshly. I am enjoying the audio book very much. Thank you.
No. Several sittings.
Very refreshing, original work. Excellent. A tour de force.
This book had an incredible amount of interesting material! There are so many interesting ways our minds are tricked by ourselves and the influences on us!
The only downside was it started to feel kind of repetitive because there is a lot of discussion of studies done. There really isn't much progression to the "story" of this work -- at least coming from the perspective of someone fascinated by brain development but nowhere near working in that field of study. I had to take a break from it and listen to something a little more... gripping.
I still highly recommend it for someone who is interested in this topic and the related books Daniel Kahneman is said to have influenced.
Daniel Kahneman explains many of the decisions we make and why we make them. He explains intuition in a way that is clearly understandable, and very reasonable. He does tend to get very technical, and sometimes it gets very slow between the final conclusion, but it is worth bearing through to fully comprehend the final result.
This book is worth reading/listening to, because the information conveyed is worth learning.
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