#68 Daniel Kahneman: Putting Your Intuition on Ice

The Knowledge Project with Shane Parrish

Farnam Street

Business, Investing, Entrepreneurship

4.7 • 2.9K Ratings

🗓️ 15 October 2019

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

Psychologist and Nobel laureate Daniel Kahneman shines a light on the biases that cripple our decision-making, hamstring negotiations, and damper our thinking, and shares what limited actions we can take to combat their effects.

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Transcript

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0:00.0	delay your intuition.
0:02.6	Don't try to form an intuition quickly, which we normally do.
0:07.1	Focus on the separate points.
0:09.5	And then when you have the whole profile,
0:12.4	then you can have an intuition and it's going to be better.
0:25.8	Hello and welcome. I'm Shane Parrish and this is the Knowledge Project.
0:29.4	Podcast exploring the ideas, methods and mental models that help you master the fast.
0:33.8	What other people have already figured out to learn more and step to date on new episodes.
0:38.5	Go to FS dot blog slash podcast.
0:41.9	I also put together a weekly newsletter that I think you'll love.
0:44.7	It's called Brain Food and it comes out every Sunday.
0:47.5	Much like this podcast, it's high signal, low noise,
0:51.0	it's timeless and mind expanded.
0:53.4	Read what you're missing at FS dot blog slash newsletter.
0:58.2	Today I'm speaking with Daniel Conman, emeritus professor of psychology at Princeton,
1:03.2	who received the Nobel Prize in economics in 2002 for the work he did on decision making with Amos Tverski.
1:10.4	Danny is the most influential living psychologist, a true legend in his field
1:15.9	and this conversation was a great honor.
1:18.4	Publicly, he's probably best known for his book thinking fast and slow and his work on drawing
1:22.9	attention to our cognitive biases.
1:25.2	Our conversation revolves around how to make better decisions, our intuitions,
1:29.5	what if anything we can do to reduce our cognitive biases and how rules make great defaults.
	...

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