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Book review: Thinking, fast and slow by Daniel Kahneman

In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities—and also the faults and biases—of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation—each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.

Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you think about thinking. 

If your objective, like it is when one finishes reading a self-help book, is to implement what Mr. Kahneman has to say in real life and benefit from it, I should warn you, you will be sorely disappointed. Believe it or not, in my opinion, I believe Mr. Kahneman is telling you exactly that in this book – that whether you like it or not, your entire life is guided or may I say decided by two fundamental ideas and that there is very little you can do to change it, period.

Mr. Kahneman is probably the villain in every modern day spiritual guru’s life, he argues very effectively that contrary to what these gurus may say the external world/ your environment/ surroundings/ or even society for that matter has a large say in your personal deliberate actions. You don’t have a choice.

So, having said that, shelving this book in psychology section would be gross injustice. In my view this is such a good commentary of human nature. The two are different, very much so.

Read it, totally worth it in my opinion. Can get a little too drab but hang in there, this book is an eye opener. 

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