Student Lounge Thinking, Fast and Slow – Daniel Kahneman

Thinking, Fast and Slow – Daniel Kahneman

  • This topic has 16 replies, 6 voices, and was last updated Mar-17 by Zee Tan.
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    • christine
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      Recommended by @Diya

      In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, 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. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems 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. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

    • AjFinance
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      Sounds like a great read. Thanks @Diya. Another one to add to my wish list then 😉

    • Sarah
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      @AjFinance since you like music too you might really enjoy, “This is your Brain on Music”. You’ll especially enjoy it if you have a little background in music theory and on how the brain works.

    • AjFinance
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      @Diya Noted. 🙂 I don’t have a background, but I have a book on music theory that I had read partly when I was trying to learn guitar. I also have one on history of music. Both are on kindle. So if you want, I’ll forward it to you.

    • Sarah
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      Ohh that would be much appreciated @AjFinance. I can’t send you a copy of the books I recommended because I prefer to buy print copies.

    • Sarah
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      I find ebooks to be terribly expensive!

    • AjFinance
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      @Diya I just try to make use of my kindle. I usually buy those that I feel aren’t available locally or expensive to order in print. However, the books that I mentioned before, those I found on google 😉 . They were in PDF format, I converted them to .mobi using calibre software.

    • Sarah
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      Where do you live @AjFinance?. Where I am it is actually rather common that the ebook copy and the softcover copy have a very small price differential. Actually in some cases the ebook version is more expensive!
      I also use calibre, I don’t feel bad about buying and kindle and not using it as much, my sisters make it worth the money.

    • AjFinance
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      @Diya I live in Mumbai, India. Yea I agree in some cases e book is expensive. Well its not only the cost at times , I like it that I don’t have to physically store a whole lot of books 🙂 Well I do buy print versions as well, definitely for reference type books.

    • Sarah
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      I want a physical store @AjFinance! My goal is 10,000 books =D (From Outliers 10,000 hours). I also just have a habit of collecting things…

    • AjFinance
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      @Diya you could essentially create a library 😉

    • Sarah
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      It would be for my to-be-children? I rather bequeath them knowledge and I want to build a library with a fireplace and all…
      Sitting by the fireplace sipping some coffee and reading a book is just divine. Also since my sisters also read it is nice to have a physical reference when you are debating some point.

    • AjFinance
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      @Diya Brilliant. Your Portfolio manager probably wont have to worry about multigenerational time horizon then 😉

    • Reena
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      LOL – I just discovered the book recommendation section! Adding this to my list to read.

    • AjFinance
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      @Reena Welcome to the readers club 😉 @Diya sent you the book on music theory. Its in the kindle format. Couldn’t find the other book.

    • Sascha
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      christine@ This is an amazing read. Thanks!

      I would also recommend “Fooled by randomness” by NNT (Nassim Nicholas Taleb). Don’t agree with all his conclusions, but very thought provoking.

    • Zee Tan
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      @sascha feel free to start a new discussion on that! 😀

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