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Money psychology2011

Thinking, Fast and Slow

Daniel Kahneman

Not only about investing, but essential for understanding cognitive bias, judgment errors, and decision-making under uncertainty.

Checklist

Do I have a rule to separate skill from luck?

Do I have a rule to identify bias before deciding?

Do I have a rule to design rules against emotional reactions?

Do I have a rule to judge process rather than outcome alone?

Write down what would invalidate the thesis.

Set a review date before acting.