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How the Greatest Investors Win in Life and Markets

The Michael Shermer Show

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Navigating Decision-Making and Investment Strategies

This chapter explores the insights of Kahneman and Tversky on human irrationality in decision-making, particularly for investors. It emphasizes the value of intellectual conflict, critical thinking, and the importance of recognizing biases and emotional states in making informed choices. Drawing on examples from notable investors and practical strategies, the chapter highlights lessons that apply to both investing and personal relationships.

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