Daniel Kahneman, in his recent book, described the differences between thinking fast and thinking slow. When we engage in fast thinking, our responses are driven by emotions, heuristics, and biases.
Psychology professor Daniel Kahneman recently passed away. His most famous book, Thinking Fast and Slow, discusses how we have two methods of thinking — one based on immediate reactions and instinct, ...
I do some of my best thinking on my bike. Or on my skis. Or in the shower. Or when I’m drifting off to sleep. I suppose that’s because, except for gravel, snow snakes, frothy soap and the Sandman ...
“Why do I keep doing these things for my future self? What has he ever done for me?” Jack Cohen “The instinct to survive is strong; the instinct to alleviate fear is stronger.” Stephen Kull Nobel ...
The brain is wired for shortcuts and speed, not always for accuracy. It’s not a flaw; it’s just nature’s way of helping us survive. However, the errors in our thinking, also known as cognitive biases, ...
My first foray into the financial markets came in the summer of 1985. I somehow secured an internship working for one of the smartest people I have ever known at a regional brokerage firm in Memphis, ...