Thinking Fast & Slow - Daniel Kahneman

Why is there more chance we'll believe something if it's in a bold type face? Why are judges more likely to deny parole before lunch? Why do we assume a good-looking person will be more competent?

The answer lies in the two ways we make choices: fast, intuitive thinking, and slow, rational thinking. This book reveals how our minds are tripped up by error and prejudice (even when we think we are being logical), and gives you practical techniques for slower, smarter thinking. It will enable to you make better decisions at work, at home, and in everything you do.

Sam gives a full break down of the main lessons in the book Thinking Fast and Slow. From our system 1 and system 2 thinking to how different biases form and why.

To hear about the psychology of biases you can listen to a full season on the Growth Mindset Pod

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About Wiser Pod

Nico and Sam set out to read the world's best books, from philosophy to sci-fi, economics to who knows what.

Sam Webster Harris

• LinkedIn - Sam Harris
• History of Innovation Pod - How to Change the World

Nicolas Vereecke

• LinkedIn - Nico Vereecke
• AI world domination - Evil Plan Inc

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How to Change the World

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• APPLE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/how-to-change-the-world-the-history-of-innovation/id1815282649⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
• YOUTUBE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@HowToChangeTheWorldPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Can't find it on your player?

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Chapters

00:00 Cognitive Biases

02:40 System 1 and System 2

04:05 How both systems Work Together

05:31 System 1's Impact on Decision Making

07:08 System 1 and Politics

10:10 The Teenage Brain and System 2 Development

11:14 Cognitive Biases and Their Impact

17:20 The Law of Large Number

22:15 Prospect Theory and Risk Assessment

22:33 The Cookie Analogy: Understanding Loss Aversion

23:18 Rationality and Utility Theory in Economics

25:16 Prospect Theory: Perception of Value and Risk

26:52 Probability and Decision Making

29:05 The Experiencing Self vs. The Remembering Self

30:53 The Peak-End Rule and Its Impact on Memory

34:25 Pleasure vs Satisfaction

37:36 The Focusing Illusion: What Really Matters

43:17 Final Thoughts

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