“System 1″ is fast, instinctive, and emotional, while “System 2″ is slow, deliberative, and logical.
This book looks at financial planning and decision-making from a psychological standpoint. How do our biases and faults influence our financial plans and judgment of the stock market? To find the answer, psychologist and economist Daniel Kahneman explores how two systems work together. “System 1″ is fast, instinctive, and emotional, while “System 2″ is slow, deliberative, and logical.