Thinking, Fast and Slow
20 lessons to learn from book-Thinking, Fast and Slow. #1 Intuition and Logic The book talks about our two decision-making mechanisms based on intuition and logic. While making a decision, we either rely on previous knowledge and experience, or we examine the current data and try to make a more logical decision. #2 Intuitive Decisions We make the decisions that get us in the most trouble and frustrate us with our intuition. This is the reason for our momentary emotional reactions and prejudices. Its advantage is that it enables us to make quick decisions. #3 Logical Decisions They are decisions that are taken after adequate reflection on a subject despite our prejudices and feelings. It is slow, but before we act, the share of the decision we make will increase greatly. We gain different perspectives on the issue we need to decide. #4 Fears People tend to get away from negative situations right away. That’s why we need to make more intuitive decisions when there is a loss or a situatio...