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🧠 Daniel Kahneman on Why Smart People Make Dumb Decisions
Season 4
Published 4 months, 2 weeks ago
Description
Why do we make decisions that seem rational—yet leave us worse off? 💭
In this eye-opening episode we explore insights from Nobel Prize-winning psychologist and economist Daniel Kahneman, author of Thinking, Fast and Slow. Kahneman challenges the myth of human rationality by unpacking concepts like narrow framing, mental accounting, and our emotional responses to gains and losses.
Whether it's saving and borrowing money at the same time, clinging to losing stocks, or underestimating compound interest, our minds often work against our long-term best interests.
💸 You’ll learn why most people don’t see the big picture, and how adopting a broad framing mindset can lead to better financial decisions, emotional stability, and more consistent success.
Tune in for practical takeaways on:
Become a supporter of this podcast: https://www.spreaker.com/podcast/ministry-of-mind--6690976/support.
Ministry of Mind — Where Calm Creates Power.
🎧 Long-form video editions available on YouTube
🎵 instrumental music by Ministry of Music on Spotify
calm • clarity • discipline • mental resilience
In this eye-opening episode we explore insights from Nobel Prize-winning psychologist and economist Daniel Kahneman, author of Thinking, Fast and Slow. Kahneman challenges the myth of human rationality by unpacking concepts like narrow framing, mental accounting, and our emotional responses to gains and losses.
Whether it's saving and borrowing money at the same time, clinging to losing stocks, or underestimating compound interest, our minds often work against our long-term best interests.
💸 You’ll learn why most people don’t see the big picture, and how adopting a broad framing mindset can lead to better financial decisions, emotional stability, and more consistent success.
Tune in for practical takeaways on:
- Framing decisions broadly 🖼️
- Avoiding emotional decision traps 😤
- Understanding the power of numeracy and compound interest 📊
- Letting go of mental money silos 💰
Become a supporter of this podcast: https://www.spreaker.com/podcast/ministry-of-mind--6690976/support.
Ministry of Mind — Where Calm Creates Power.
🎧 Long-form video editions available on YouTube
🎵 instrumental music by Ministry of Music on Spotify
calm • clarity • discipline • mental resilience