Randy Armstrong's Key Ideas from Thinking, Fast and Slow
by Daniel Kahneman
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6 ideas
·10.9K reads
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Two Systems, One Mind
Your brain has two modes of thinking:
• System 1: Fast, automatic, intuitive
• System 2: Slow, deliberate, analytical
Most of our decisions start in System 1—even when we think we’re being rational.
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System 1 Isn’t Always Right
System 1 is efficient but prone to biases. It relies on mental shortcuts (heuristics) that can lead to errors in judgment, like jumping to conclusions or misjudging risk.
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The Illusion of Understanding
We’re wired to create stories to explain events—even if those stories are wrong. We often mistake coherence for truth, which leads to overconfidence in our knowledge.
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1.15K reads
Loss Aversion is Real
We feel the pain of loss twice as strongly as we feel the joy of gain. This influences everything from investing to decision-making in relationships.
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1.06K reads
Slowing Down is Power
True insight and better decision-making come when we engage System 2—when we slow down, ask questions, and challenge our initial reactions.
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IDEAS CURATED BY
Certified AML and Fraud Professional. Studying mindfulness, motivation, and the power of positive thinking. The Radically YOU Show coming soon! New posts every Sunday!
CURATOR'S NOTE
Thinking, Fast and Slow by Daniel Kahneman explores how we think using two systems: one fast and intuitive, the other slow and logical. It reveals how biases shape our decisions—and how understanding them helps us think smarter.
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Curious about different takes? Check out our Thinking, Fast and Slow Summary book page to explore multiple unique summaries written by Deepstash users.
Different Perspectives Curated by Others from Thinking, Fast and Slow
Curious about different takes? Check out our book page to explore multiple unique summaries written by Deepstash curators:
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