Anup Chouhan's Key Ideas from Thinking, Fast and Slow
by Daniel Kahneman

Our brain uses shortcuts (called heuristics) to make decisions quickly, but sometimes these shortcuts lead to mistakes or biases.

For example, we might base a decision on a recent memory rather than facts.

People hate losing more than they enjoy winning. This is why we sometimes avoid risks, even when the possible reward is bigger than the risk itself.

We rely too much on the first piece of information we hear (the "anchor"). For example, hearing a price first affects how you judge other prices, even if it’s unrelated.

We judge how likely something is based on how easily we remember examples.

For example, after hearing about a plane crash on the news, you might fear flying even though it's very safe.

We often think we know more than we really do. Being aware of this can help us make better decisions and stay humble in what we assume.

If we like one thing about a person, we tend to assume other positive things about them, too.

For example, if someone is friendly, we might also think they’re smart, even without knowing for sure.

The way information is presented (framed) affects how we make decisions.

For example, people are more likely to agree with something if it’s framed as a gain rather than a loss.

We tend to underestimate how long something will take.

This leads to unrealistic deadlines and rushed work. Being more realistic with time can help us plan better.

• Your support means the world to me! When you like and comment, it not only motivates me but also tells me that you’re enjoying the content.
•  Every like and comment encourages me to create even better posts just for you.
• Plus, when you engage, you’re helping others discover content they’ll love, too! So, if you find value here, hit that like button and drop a comment. Let’s grow and learn together!