Why do the smartest founders, investors, and engineers consistently fall for catastrophic decision traps? In this masterclass on Daniel Kahneman’s Nobel Prize–winning classic "Thinking, Fast and Slow", we deconstruct the biological architecture of human judgment.
You'll discover why your conscious mind only controls 5% of your daily choices, how System One creates vivid illusions of certainty through What You See Is All There Is, why losses hurt 2.5x more than equivalent gains, and how to deploy Gary Klein Pre-Mortems and Reference Class Forecasting to protect high-stakes decisions.
TIMESTAMPS: 00:0000:00 - The Conscious Control Paradox 00:1600:16 - Kahneman & Tversky's Nobel Breakthrough 00:3900:39 - Two Operating Systems: System 1 vs System 2 01:0301:03 - The Associative Machine & Priming 01:2401:24 - Cognitive Busyness & Metabolic Strain 01:4901:49 - Ego Depletion & Supervisory Failure 02:1202:12 - What You See Is All There Is: Missing Evidence Blindness 02:3302:33 - Attribute Substitution & Heuristic Swapping 02:5102:51 - The Bat-and-Ball Reflection Test 03:2203:22 - The Anchoring Magnet & Price Distortions 03:4703:47 - Priming vs Insufficient Adjustment 04:1004:10 - The Availability Heuristic & Emotional Recall 04:3104:31 - The Availability Cascade: Collective Panic 04:5204:52 - The Linda Problem & Conjunction Fallacy 05:1505:15 - Base Rate Neglect & Stereotype Traps 05:3505:35 - Prospect Theory: The Asymmetric S-Curve 05:5705:57 - The 2.5x Loss Aversion Ratio 06:1906:19 - The Fourfold Risk Pattern Matrix 06:4106:41 - The Sunk Cost Fallacy: Trapped Capital 07:0007:00 - The Framing Effect & Semantic Manipulation 07:2207:22 - The Planning Fallacy & Inside View 07:4507:45 - The Two Selves & The Peak-End Rule 08:0808:08 - The High-Stakes Intuition Trap 08:2908:29 - Cognitive De-Biasing: 3 Verification Protocols 08:5708:57 - The Master Cognitive Blueprint 09:2609:26 - Strategic Bridge: 7 Levers of Influence