Thinking, Fast and Slow (Kahneman)

Vital for learning about cognitive bias and human choices in finance.

Thinking, Fast and Slow

Daniel Kahneman, a psychologist and winner of the Nobel Prize in Economics, examines the two systems that drive human thought and decision-making. This text explains the interaction between intuitive responses and logical deliberation.

The book defines two primary mental processes:

System 1: Fast, intuitive, and emotional. System 2: Slower, more deliberative, and logical.