Skip to main content

Introduction

In this book Daniel Kahneman talks about how in our daily life how we make our judgement or decisions.

He investigated most of our decisions are intutive(means based on one's feeling no without proper reasoning or understanding or statistics). He says that this intuitive decision that we make daily in our life regarding career. partner, education, lifestyle, politics, world, environment, market, economy etc; is based on our biases(i.e most likely which we feel based on our comfort and understanding) and this may lead to systematic errors. He explains it with a example. Consider a person who wants to invest in a car company and he invests millions of rupees just because he liked that car not even looking at the mraket value of the company. Kahneman suggests it is best to take decision if you are well experienced in that field. If you are not well experienced and when you are asked a question about a topic your mind will find an answer for an easier question. For example: "WHETHER I SHOULD INVEST IN THIS COMPANY". This is a difficult question so mind finds answer to an easier question "DO I LIKE THIS CAR".Kahneman suggests our mind has 2 systems, System 1 and System 2. System 1 makes fast decision based on knowledge/memory. and System 2 makes slow decisions based on proper inverstigation. This book talks about System 1 and System 2 and their relation with each other.
Labels:

Comments

Post a Comment

Popular posts from this blog

Chapter 10: The Human Goal: Moksha - Story of Kotikarna

Bhikshu Kotikarna mentioned that Moksha is to understand your true nature. (अपने असली स्वरूप को पहचानना ही मोक्ष है।). However, for a majority of us the question would remain as beautifully asked by the student in Vivekachoodamani: भ्रमेणाप्यन्यथा वाऽस्तु जीवभावः परात्मनः तदुपाधेरनादित्वान्नानादेनार्श इष्यते॥ अतोस्य जीवभावोऽपि नित्या भवति संसृतिः न निवर्तेत तन्मोक्षः कथं मे श्रीगुरो वद॥ [- १९२ & १९३] bhrameṇāpyanyathā vā'stu jīvabhāvaḥ parātmanaḥ tadupādheranāditvānnānādenārśa iṣyate. atosya jīvabhāvo'pi nityā bhavati saṁsṛtiḥ na nivarteta tanmokṣaḥ kathaṁ me śrīguro vada. [192 & 193] That the Supreme Self has come to consider itself as the jiva, through delusion or otherwise, is a superimposition which is beginning less. That which is beginning less cannot be said to have an end ! So the jiva-hood of the Self must also be without an end, ever subject to transmigration. Please tell me, O revered Teacher, how then can there be 'moksha' (liberation) for the Self? ...
Post a Comment
Read more

Chapter 14: Sanyaas(Renunciation) Part 2 - Yajnavalkya and Maitreyee

Yajnavalkya, a great sage of the Upanishadic age, was famous for his unsurpassed spiritual wisdom and power. He was the seer of Shukla Yajurveda Samhita, and is credited with the authorship of the Shatapatha Brahmana (including the Brihadaranyaka Upanishad), Yogayajnavalkya Samhita and Yajnavalkya Smriti. The third and the fourth chapters of the Brihadaranyaka Upanishad abound with the great philosophical teachings of Yajnavalkya. Yajnavalkya, the son of sage Devarata, lived a householder’s life with his two wives: Maitreyee and Katyayani. Of the two, it was Katyayani who kept the household going. It was she who always cared most for her position as a wife. On the other hand, Maitreyee loved to sit near her husband and hear him talk to his pupils. She was more interested in spiritual matter - listening to such discourses and participating in discussions. Therefore, she was known as  brahmavadini,  the one more interested in the knowledge of Brahman. Towards the last phase of h...
Post a Comment
Read more

Chapter 4 The Yoga of Wisdom (Part 1)

  The most famous verse of the Gita (Chapter 4, Verse 7) यदा यदा हि धर्मस्य ग्लानिर्भव- ति भारत । अभ्युत्थान- मधर्मस्य तदात्मानं सृजाम्यहम्- ॥४-७॥ Yada yada hi dharmasya glanirbhavati bharata abhyuttanam adharmasya tadaatmanaam srujamyaham परित्राणाय- साधूनां विनाशाय च दुष्कृताम्- । धर्मसंस्था- पनार्थाय सम्भवामि युगे युगे ॥४-८॥ Paritranaya sadhoonaam vinashayacha dushkritaam dharma samsthapanarthaya sambhavaami yuge yuge Whenever, O descendant of Bharata, there is decline of Dharma, and rise of Adharma, then I body Myself forth. For the protection of the good, for the destruction of the wicked, and for the establishment of Dharma I come into being in every age. ~ Chapter 4, Verse 7, 8 ✥ ✥ ✥ न त्वेवाहं जातु नासं न त्वं नेमे जनाधिपाः। न चैव न भविष्यामः सर्वे वयमतः परम्।।2.12।। “It is not that I did not exist at any time, nor you, nor these rulers of men, and surely it is not that we all shall cease to exist after this.” ~ Chapter 2, Verse 12 ✥ ✥ ✥ Questioner (Q):  In chapter 4, ...
Post a Comment
Read more