August 16, 2023

Ep 132 – Book Review – Thinking Fast and Slow

Ep 132 Book Review Thinking Fast And Slow

Join Dave and Nick as they review the book, Thinking Fast and Slow by Daniel Kahneman.

Watch on YouTube HERE

Thinking, Fast and Slow concerns a few major questions: how do we make decisions? And in what ways do we make decisions poorly?

The book covers three areas of Daniel Kahneman’s research: cognitive biases, prospect theory, and happiness.

Here is the summary from the website

“We’re so self-confident in our rationality that we think all our decisions are well-considered. When we choose a job, decide how to spend our time, or buy something, we think we’ve considered all the relevant factors and are making the optimal choice. In reality, our minds are riddled with biases leading to poor decision-making. We ignore data that we don’t see, and we weigh evidence inappropriately.

Thinking, Fast and Slow is a masterful book on psychology and behavioral economics by Nobel laureate Daniel Kahneman. Learn your two systems of thinking, how you make decisions, and your greatest vulnerabilities to bad decisions.”

Check out the Google Talk and interview with the author here

About Shotwell Rutter Baer

Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.

Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.

Call us at 517-321-4832 for financial and retirement investing advice.