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The Art of Thinking Clearly

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Top 15 Lessons learned of the book "The Art of Thinking Clearly" 1. Confirmation bias is the mother of all misconceptions. It is a tendency to interpret new information so that it becomes compatible with our existing theories. 2. Never underestimate the hard work and lower probability of success, just because we are shown more successful people than many more actual failures. 3. Calamity of Conformity If you ever find yourself in a tight unanimous group, you must speak your mind, even if your team does not like it, and even if it means risking expulsion from the warm nest. 4. Induction People get inducted into a decision based on history without thinking logically. 5. Loss Aversion The fear of losing something motivates people more than the prospect of gaining something of equal value. 6. Compounding When it comes to compounding, don’t trust your intuition - you have no idea how powerful it is. 7. It is not what you say, but how you say, that's important. 99% Fat Free pro...