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THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books
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The Automatic Search for Causality
System 1, which understands language, has access to norms of categories. Naseem Taleb's The Black Swan illustrates this automatic search for causality. He reports that bond prices initially rose on the day of Saddam Hussein's capture in his hiding place in Iraq. But half an hour later, bond prices fell back and a revised headline read, US Treasuries fall. A statement that can explain two contradictory outcomes explains nothing at all.
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