Thinking, Fast and Slow by Daniel Kahneman — Book Summary & Lessons on Decision-Making and Human Bias - A Business Book Club Series

5 Minute Book Summaries - A Business Book Club Series by Hannah Hally

Episode notes

In this episode, we explore Thinking, Fast and Slow by Nobel Prize-winning psychologist Daniel Kahneman — a groundbreaking book that uncovers how the mind works, why we make irrational choices, and how to improve decision-making in business and life. Kahneman introduces the concept of two thinking systems that shape our judgments, decisions, and behaviors — often without us realizing it.

What you’ll learn in this summary:

  • The difference between System 1 (fast, intuitive thinking) and System 2 (slow, deliberate thinking)
  • Why we’re prone to biases, heuristics, and overconfidence
  • How cognitive shortcuts can lead to both brilliance and blind spots
  • Practical ways to recognize and reduce errors in judgment
  • How these insights impact business, i ... 
 ...  Read more
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