Presented by Mark Phillips
As this article from Vanity Fair points out, Nobel Prize-winning writer and psychologist Daneil Kahneman reveals the kinks of the human mind when it comes to reasoning and making rational decisions. In his new book, Thinking, Fast and Slow, he uses himself as Exhibit A and looks at the psychology and reasoning behind why people who buy lottery tickets also buy insurance and why people are less likely to sell their houses and their stock portfolios in falling markets, as a few examples. Knowing how the mind works (or not) is a great start to hopefully making better decisions in our daily lives.
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