Name: Thinking Fast And Slow by Daniel Kahnemann

Jay’s Book Notes

SUMMARY KEY MESSAGE Videos LESSON 2 TOP 2
Our brains are comprised The plot of his book is Google “System 1 is gullible and TAKEAWAYS
of two characters, one how to, “recognize https://www.youtube.co biased to believe, System System 1
that thinks fast, System situations in which m/watch?v=CjVQJdIrD 2 is in charge of doubting Subconscious values,
1, and one that thinks mistakes are likely and J0 and unbelieving, but drives, beliefs that
slow, System 2. System 1 try harder to avoid System 2 is sometimes influence our gut
operates automatically, significant mistakes when TED busy, and often lazy,” reactions.
intuitively, involuntary, stakes are high,” (page https://www.youtube.co (page 81). Jumps to conclusions
and effortlessly—like 28). m/watch?v=XgRlrBl-7Y regarding causality.
when we drive, read an g Operates effortlessly
angry facial expression, Can be wrong but is
or recall our age. System LESSON 1 BigThink LESSON 3 more often right
2 requires slowing down, Chapter 1: System 1 https://www.youtube.co We therefore are wired Influenced by heuristics
deliberating, solving operates on heuristics m/watch?v=tyDQFmA1 by System 1 to think System 2
problems, reasoning, that may not be SpU irrationally economically Requires conscious effort
computing, focusing, accurate. System 2 (saying no to easy to engage
concentrating, requires effort evaluating money). The limit of Makes up stories to
considering other data, those heuristics and is human rationality is so confirm or deny those
and not jumping to quick prone error. stark Kahneman calls it a conclusions
conclusions. “hopeless mirage” (page Can be wrong or right
335). depending on effort.

HOW YOU SHOULD READ IT? WHO IS IT FOR?

Think about your mind and start noticing the various voices in Anyone trying to make better decisions in life.
your head. Can you start to notice the mistakes and trip ups
that you experience regularly?