Value Investing, Videos

Daniel Kahneman: Two types of thinking, fast and slow; System 1 and System 2 Explained

Dr. Daniel Kahneman, winner of the 2002 Nobel Prize in economics, joins us to discuss his book, Thinking, Fast and Slow, and how different systems of thought can affect our judgment when making decisions.

In this interview we look at hindsight bias, unjustified optimism in the financial industry, and why you should think of your brain like a newsroom publishing a daily paper.  H/T Linkfest

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