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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.

Quotes

Practical lesson: separate skill from luck.

Practical lesson: identify bias before deciding.

Practical lesson: design rules against emotional reactions.

Practical lesson: judge process rather than outcome alone.

These are practical paraphrases, not verbatim quotations.