Learn about System 1 thinking, or the little voice within that speaks up at the back of your mind, and System 2 thinking. While the first is super fast in reaching an answer, the latter likes to take it slow but is often better at the choices.

Using examples to illustrate the point, Daniel Kahneman shows how fast thinking tends to ignore vital details but slow thinking deliberates and weighs in all options before coming up with solutions. Two substantial thinking mistakes are highlighted through this: overconfidence and framing.

Do not get fooled by the constant testing Daniel Kahneman throws your way. It is to show the fault in the processing method and how to make more informed decisions mindfully. Making sense of data requires asking the right questions. Take a lesson from the experience of the Gates Foundation.

Our expertise in a particular field enables us to either control outcomes or predict them accurately - to an extent. Daniel Kahneman says a dose of optimism is vital to success as it allows us to deal with the stumbling blocks in life. However, blind optimism without System 2 thinking leads to overconfidence that spells disaster for effective decision-making.

System 1 thinking makes you impulsive. Daniel Kahneman has the perfect solution to overcome this. Make your decision unclouded by fast thinking. The best example is that of the candidate selection process in an interview. Take help from this checklist to score aspirants, and you will not regret your decision.

So is intuition completely unreliable? Daniel Kahneman works with Professor Gary Klein to probe further. Being intuitive in a predictable environment is different from the ability to foresee outcomes in the VUCA world. Find out when it is okay to trust your professional intuition and when to quieten that voice.

What is Prospect Theory? It won Daniel Kahneman and Amos Tversky the Nobel and is key to behavioral economics. To know this better, you need to understand the concept of loss aversion. All those people trying to make you buy into their ideas are using this theory against you, and sometimes to persuade you.

There is no use crying over spilled milk, so Daniel Kahneman tries another method: Premortem! How do you do that, and what is the benefit of it? It helps the decision-making process and insures against future disasters.