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BOOK SUMMARY :

Thinking fast and slow is a best selling book published in 2011 by nobel memorial prize in economic sciences laureate daniel kahneman it was the 2012 winner of the national academies communication award for best creative work that helps the public understanding of topics in behavioral science in the highly anticipated thinking fast and slow kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we thinksystem 1 is fast intuitive and emotional system 2 is slower more deliberative and more logical kahneman exposes the extraordinary capabilitiesand also the faults and biasesof fast thinking and reveals tthinking fast and slow is an immensely important book many science books are uneven with a useful or interesting chapter too often followed by a dull one not so here with rare exceptions the entire span of this weighty book is fascinating and applicable to day to day life everyone should read thinking fast and slowthinking fast and slow spans all three of these phases it is an astonishingly rich book lucid profound full of intellectual surprises and self help value it is consistently thinking fast and slow by daniel kahneman 5 summarized by erik johnson heuristic 9 the law of small numbers our brains have a difficult time with statistics small samples are more prone to extreme outcomes than large samples

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