Predictably Irrational — Summary

Learn how to think effectively from one of the best books on the topic Relative value Our mind always tries to compare one thing with another one to try to estimate its value, attractiveness or whatever it tries to identify. This is the relativeness of everything. What’s more, often our brain picks the laziest option possible, something … Read more

Mindware — Summary

Learn to reason more rationally Have you ever wondered why people make stupid mistakes? You might have observed how even a very smart person does an obvious mistake. This book will help you to upgrade your reasoning skills. Correlation is not causation Whenever we encounter two things which correlate (occur together) we tend to assume … Read more

The art of thinking clearly — Summary

Learn how irrational our behavior is, and use that knowledge to make better decisions. Let’s start to analyze our thinking and search for flaws in our reasoning. Overestimation Studies have shown that we tend to overestimate our abilities. The result is obvious, thinking that we are already at our destiny, we fail to put in … Read more

Mistakes were made, how we justify bad decisions — Summary

Learn why it is important and in our best interest to admit our mistakes People tend to justify their mistakes Cognitive dissonance is the term used to describe the uneasiness people feel when they have two conflicting ideas or views. After making a mistake people tend to justify their decisions which lead to the mistake even if they … Read more

Invisible Influence — Summary

Become aware of how other people influence you without you even noticing it Your decisions are influenced from the outside, while you are unaware of it We tend to be influenced by other people and our surroundings, at least whenever we are unconscious of those influences. Let’s look at a study to understand why. Richard Moreland of … Read more

The 80/20 Principle — Summary

Explore this principle of nature to improve your life You have probably observed that often the majority of output stem from the minority of input. It could happen in your business when the majority of sales come from a little subset of your products. Often this ratio is around, but not limited to 20% and 80%. That’s … Read more

The Checklist Manifesto — Summary

This book shows how we can deal with the complexity in our lives Human knowledge has become highly complex Thanks to the accumulative progress of human knowledge, we have increasingly detailed information about nearly every problem. Take for example medicine, over 13.000 diseases, injuries and syndromes are defined according to the World Health Organization. For many of … Read more