Thinking Fast and Slow (part 2)

This book is the bible of behavioural economics. After introducing 'System 1' and 'System 2', the 'fast' and 'slow' thinking from the title, this episode dives into more of the applications of this discovery.THIS episode:  Over confidence: - Narrative fallacy - Hindsight/outcome bias Choices: - Intuitions vs formulas - Planning fallacy - Loss aversion - Sunk cost fallacy Two selves: - Experiencing vs the remembering self Thinking Fast and Slow features highly in our top 50, for the full list download for free at: www.whatyouwilllearn.com/top50    Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

We’re Adam and Adam, two Aussie blokes that love reading great books. Each week we share the best bits from the best books, and interview the world’s top authors. The books we cover can help you improve every area of your life, from your health to your wealth, from your relationships to your mindset. You’ll learn to pick up healthier habits, and drop the ones that are holding you back. We put the world’s best ideas within your reach, for a fraction of the time it would take to read the full book. Hosted on Acast. See acast.com/privacy for more information.