Ashish R's Key Ideas from The Art of Thinking Clearly
by Rolf Dobelli

If you ever find yourself in a tight unanimous group, you must speak your mind, even if your team does not like it, and even if it means risking expulsion from the warm nest.

And if you lead a group, appoint someone as devil's advocate.

He or she will not be the most popular member of the team, but definitely the most important.

Send an email to 10,000 people with the stock market predictions by dividing them into 2 groups - telling reverse prediction to each group. Prediction for one of the groups will come true.

Send a new prediction to the 5,000 whom you predicted correctly earlier - again after dividing them into 2 groups...carry on like this, and the last 100 would consider you as a genius. People get inducted into a decision based on history without thinking logically.

The fear of losing something motivates people more than the prospect of gaining something of equal value.

When it comes to compounding, don't trust your intuition - you have no idea how powerful it is.

99% Fat-Free product seems more healthy than a product with 1% Fat.

There is no 3rd category of passive onlookers.

Follow your passion even if you have to do away with part of your income for that

Whenever you are dealing with averages, be careful of the distribution behind them.

A Bill Gates monthly income in a group of 50 ordinary citizens can give an extremely misleading average.