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16min chapter
#050 - Fooled by Randomness: Nassim Taleb (Incerto Series)
rational vc
The Power of System One Thinking
In this chapter, the concept of system one and system two thinking is discussed, using the example of choosing a cigar. It explains how system one thinking can sometimes be more effective than system two thinking. The chapter also touches on the idea of satisficing and how it relates to financial decisions.
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