THINKING, FAST AND SLOW BY DANIEL KAHNEMAN | ANIMATED BOOK SUMMARY

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FightMediocrity

FightMediocrity

Күн бұрын

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Пікірлер: 913
@FightMediocrity
@FightMediocrity 9 жыл бұрын
A big thank you to everyone who pointed out that the two cliparts were mixed. I added annotations, but the sad guy is supposed to be next to "10% chance die" and the happier guy is supposed to be next to "90% chance live." Thanks again, and sorry about that! :) Get any FREE audiobook of your choice here: audibletrial.com/fightmediocrity If you want a suggestion for the free audiobook or for reading a book, here's FightMediocrity beginner's reading list: 1. Rich Dad Poor Dad: amzn.to/1VLAklY 2. The 4-Hour Workweek: amzn.to/1Qn5DA5 3. How to Win Friends and Influence People: amzn.to/1VLAoCe 4. The 48 Laws of Power: amzn.to/1VLAoSK 5. The Way of the Superior Man: amzn.to/1Qn5EDZ 6. Man's Search for Meaning: amzn.to/1Qn5GM0 7. Mastery: amzn.to/1VLArOu 8. Mindfulness for Beginners: amzn.to/1VLAs4S 9. The Obstacle is the Way: amzn.to/1VLAslw
@straq2542
@straq2542 8 жыл бұрын
+FightMediocrity I like imagining that the fellow on top is revelling in the danger of possible death, and the fellow on the bottom is distraught about how likely it is that he will survive hehe
@straq2542
@straq2542 8 жыл бұрын
+Straq Although, depression is serious business and shouldn't be joked about so please, if anyone is suffering, message me
@Agnostic080
@Agnostic080 8 жыл бұрын
+FightMediocrity Oh, I didn't noticed he is sad.
@sweetasflip
@sweetasflip 8 жыл бұрын
I really enjoyed your videos, especially this one. Can you tell me which kinds of careers this will apply
@KDD8
@KDD8 8 жыл бұрын
+FightMediocrity Where do these videos get animated?
@leondufeu2981
@leondufeu2981 8 жыл бұрын
"...and the lion eats your kid. So you go home, and you're sad, but it's okay, you get your wife pregnant" chill
@2shabbs
@2shabbs 7 жыл бұрын
Perhaps emotional attachment is a new arrival in the human animal?
@mohamedhosini2103
@mohamedhosini2103 7 жыл бұрын
😂😂😂
@FowlManor
@FowlManor 7 жыл бұрын
Until the end of the 19th century children in Denmark weren't counted as "living" untiol they'd survived their first five or so years, due to the number of child deaths. Just a historical fact.
@KcB0mb
@KcB0mb 7 жыл бұрын
Leon du Feu LMAO!!!!!😂😂😂
@demonicstargamer8549
@demonicstargamer8549 7 жыл бұрын
Leon du Feu When the cave men get women laid af !
@rafabmiranda
@rafabmiranda 6 жыл бұрын
Main Ideas in Thinking Fast and Slow: 1) There are 2 "thinking systems" in our minds. The first is fast, automatic. The second is slow, logical. 2) Anchoring: when you lack sufficient data to guess the value of something, you tend to hover around a pre-offered number. 3) Availability: a sort of confirmation bias. We tend to believe unlikely things have a high chance of happening because we keep looking at news/media portraying them. 4) Loss Aversion: if they have to risk, humans prefer not losing to winning. 5) Framing: How you present a situation affects your interpretation and feelings. Essentialy looking at the glass half empty or half full. 6) Sunk Costs: people believe because they've already spent money/time on something, they might as well see it through or continue. That is a mistake. Past events can't determine your future course of action.
@mcnuggetsferg1685
@mcnuggetsferg1685 5 жыл бұрын
Jheez, use a spoiler tag next time, some of us haven't seen the video yet...
@toituxu749
@toituxu749 5 жыл бұрын
thanks alot bro
@jbrains
@jbrains 5 жыл бұрын
I would add two more key points to this summary: 1. People are willing to risk more when losses seem guaranteed and risk less to preserve an apparent gain. This combines framing and loss aversion in a very important way. 2. Despite the illogical nature of System 1, it has orders of magnitude more power than System 2, so rather than try to ignore or inhibit System 1, we should understand its limitations so that we know how to tap its power more safely.
@todorokiyosukedesu
@todorokiyosukedesu 5 жыл бұрын
thanks
@patrickg7068
@patrickg7068 5 жыл бұрын
Had to watch this for homework. Thanks for simplifying the notes!
@marsdwarf
@marsdwarf 3 жыл бұрын
One of the reasons I like this channel is the creator not only summarizes the book but also describes how it can be applied to one's life. Keep 'em coming!
@MirzaBorogovac
@MirzaBorogovac 8 жыл бұрын
One reason for loss aversion is diminished marginal utility. Losing a 1000 might put a serious dent in persons budget maybe even causing that person to miss payment on important bills which would then cause other financial losses down the line. Winning 1100 on the other hand would only slightly improve person's life.
@duffelbagdustin9944
@duffelbagdustin9944 8 жыл бұрын
absolutely. well put.
@andrewmccullough559
@andrewmccullough559 7 жыл бұрын
It also depends on how many times you can play the game. If you can play as many times as you want, or at least a sufficiently large number of times, not only can you increase your total expected earnings ($100/game), you also reduce your chance of coming out in the negative at all. Your chance of coming out in the negative is 50% if you can only play once, but if you play 100 times you have a 69% chance of coming out ahead (that's your chance of winning at least 48 times). Or if a 31% chance of losing money is too high, if you could play 1000 times your chance of coming out in the red is only 7% - and, of course, your expected value is way higher.
@daud7385
@daud7385 7 жыл бұрын
Andrew, just a note, the expected earnings are $50/game.
@andrewmccullough559
@andrewmccullough559 7 жыл бұрын
Right, good point.
@NJHA91
@NJHA91 6 жыл бұрын
True. one way to change it would be to give them 1000 dollars and tell them they can keep it or they can flip a coin for double or nothing.
@carotbaby3127
@carotbaby3127 8 жыл бұрын
I have no idea how I found your channel but im so glad I did, I love it so much, just subscribed, last year I found out about self help and self help books and I fell in love, they have helped my personal development so much, im currently reading 7 habits of high effective people and I love it, thank you so much for all these videos
@Officialcbr
@Officialcbr 9 жыл бұрын
I'm so in love with your videos it's ridiculous. I get withdrawal symptoms while waiting for your next upload.
@FightMediocrity
@FightMediocrity 8 жыл бұрын
Ciaran Cristian Brooke Russell :)))))))))
@eliazulay4u
@eliazulay4u 8 жыл бұрын
+FightMediocrity hi man thanks for the value....is there a mail adress I can mail you at? have an opportunity I would like to diacuss with you that can add value to both of us. good day.
@TeribleTony
@TeribleTony 7 жыл бұрын
Tiantaoh@gmail.com
@pouncingmonkey
@pouncingmonkey 7 жыл бұрын
Good stuff. Something Ive always said that is a 'sunk cost'. Forcing yourself to finish food. Its not even just about waste because you end up paying for displeasure.
@robertogerardi7040
@robertogerardi7040 3 жыл бұрын
Thanks! Timestamps: 1. Understanding System I and System II, and when to use each - 1:50 2. Anchoring - Leading you to believe/ set your mind to base your thinking on - 3:02 3. The Science of Availability - Don't be influenced by biased / limited sources of information by the time to draw conclusions - 4:36 4. Loss Aversion - Fear of loosing is larger than gaining when faced with options, i.e., investments - Use that to persuade people to make good decisions by focusing your argument on what they are likely to loose, rather than earn/gain - 5:58 5. Framing - A Dr saying you have 10% chances of dying is the same as if she said you have 90% chances of living. The emotional effects are going to be largely different. How can that concept be used to influence people? - 7:10 6. Sunk Cost Fallacy - Don't let your past decisions affect/influence on what's actually good for you now - 7:34
@jordankelly2960
@jordankelly2960 7 жыл бұрын
I've been learning about the sunk cost fallacy but I never knew there was a term for it. I've been learning about it in regards to minimalism because learning about sunk cost fallacy has helped to realize how to let go of things so I can minimize my possessions and simplify my life so I only have things that serve me, or bring me joy. it's been very freeing, it was great learning it was an actual term. thank you for helping teach your viewers. I love your videos :) I found you yesterday and subscribed after I watch 10 or more videos lol. thanks for the great content!
@sharenraphael9637
@sharenraphael9637 8 жыл бұрын
That! my friend, was the best I've watched! from the content to the clip-arts... EVERYTHING!
@ChakraWielder
@ChakraWielder 8 жыл бұрын
Absolutely love your channel man. I have read a few of the books you review and would like to read more but I find myself prioritising my time away from reading these days, also I find my concentration span is much diminished. Having these little overviews is therefore really awesome. Also gives me a better idea of whether I'll enjoy the book and if it will resonate with me. Keep up the great work.
@wenyeh6496
@wenyeh6496 7 жыл бұрын
I just LOVE the way you presents the book. ❤️
@ChristophJMarti
@ChristophJMarti 8 жыл бұрын
I started reading this book months back but never finished it. Its dry and boring but the content is excellent. However, the points described in your video are great and accurately reflect the major ideas (at lease for the chapters I read). Thanks for that so much, its great how much value (in term of return on time invested) you give to the people here. High quality work again. You are doing a great job. Highly valuable, thanks !!
@caesarlandoco7526
@caesarlandoco7526 8 жыл бұрын
The best thing you do is explaining your ideas to the real world. So many channels do not do this, and it makes the 10 minutes watching their video a complete waste of time. Thank you so much for doing this.
@furiousgtz
@furiousgtz 8 жыл бұрын
I started reading this book. This helps me set a basic outline. Thanks for the vide!
@abhiruplahiri1098
@abhiruplahiri1098 4 жыл бұрын
I read this book many years back in 2014, and at that time I was working for my uncle, doing a consulting job...I told my uncle about what I had read and how interesting it would be to apply what I had learnt, and my uncle said, and I quote: " What you can learn by doing can't be replaced by a few arcane , esoteric and fancy jargon, meant for academics who deceive themselves into believing that they have some incisive insight into how people think, believe and determine. Business isn't complicated and marketing certainly isn't". What he meant to say was that what instinct can achieve , knowledge can never match, unless of course people design things with the sole intention of satisfying their egos. I am in academia now, just another opportunity to get a receipt for hard work, but some of the best professors I have won't even be hired by God to spread the gospel. Lesson: Never be bogged down by theory; experiment and find out for yourselves. Theories aren't immutable.
@gabi6898
@gabi6898 2 жыл бұрын
Yup, and throughout history it turned out humans were more wrong than not about everything.
@rentabledwarf578
@rentabledwarf578 7 жыл бұрын
Thanks for the video, now I can take over the world.
@waynedonoghue4071
@waynedonoghue4071 3 жыл бұрын
How did it go?
@zer0edgy952
@zer0edgy952 3 жыл бұрын
How is it going?
@shortfunnyvideos9274
@shortfunnyvideos9274 3 жыл бұрын
Did system 1 say it, but system 2 never got around to it?
@shawondutta7881
@shawondutta7881 3 жыл бұрын
He renamed himself as Covid-19
@zer0edgy952
@zer0edgy952 3 жыл бұрын
@@shawondutta7881 xd
@BizarreAvenir
@BizarreAvenir 8 жыл бұрын
I'm studying economics/business at a German university, currently in my 3rd semester. Profs mentioned this book in several classes like management or marketing. cool that you put up a video about it. Good job! Just wanted to hear 7 habits of highly effective people because it's been a year since I read it and saw this video :) keep up the good work! I subscribed
@utkarshdeep
@utkarshdeep 8 жыл бұрын
Very well explained in simple way. Appreciate the effort. Thank you. Looking forward to more stuff.
@BillyReedMusic
@BillyReedMusic 6 жыл бұрын
You got soooooo much more out of this book than I did. I just read it a few days ago, and I only understood about 10%. Or rather, I missed out on 90% of the content!! I'll need to read it again, thanks for the great summary!!
@uzouma9893
@uzouma9893 Жыл бұрын
so basically you read and don't understand.
@manasj.narvekar7945
@manasj.narvekar7945 Жыл бұрын
@@uzouma9893 yeah, that's what happened probably..
@RabbitLLLord
@RabbitLLLord 20 күн бұрын
@@manasj.narvekar7945you don’t need to agree with him. You read in the very least
@imagepower5903
@imagepower5903 8 жыл бұрын
Love these videos giving a gist of the most useful books.
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@ultimathule3691
@ultimathule3691 4 жыл бұрын
I had to read this book 3 times just to absorb everytning properly. You have summarized it very well & saved alot of people the pain. Thumbs up!!👍
@NikVilluri
@NikVilluri 8 жыл бұрын
I simply love your animation and the lucid manner of explaining ideas! Cheers!
@ShallExplore
@ShallExplore 6 жыл бұрын
Great message from the book and thanks to one of the greatest messengers on KZbin!
@SixtyGelu
@SixtyGelu 8 жыл бұрын
TFAS is one of my favourite books. This video condenses the core points into an easy to understand format. Definitely subscribed!
@franzdelrosario341
@franzdelrosario341 2 жыл бұрын
Hi, I'm planning to buy this book. Should I buy one even though I already watch the summary??
@stephenlau0007
@stephenlau0007 8 жыл бұрын
Your ability to summaries things are exceptionally good!
@othmane-mezian
@othmane-mezian 2 жыл бұрын
I personally wish success and happiness for you and anyone reading this! You WILL overcome your tribulations by remaining that GREAT person that you are! I KNOW it! Just keep going.
@enjoylife6516
@enjoylife6516 Жыл бұрын
same to you❤❤ Wish you lots of happy days🎉🎉
@johnwage
@johnwage 9 жыл бұрын
Great video!! :) Very informative & great examples! I'm also happy to see Jen there!!
@bonyourscreen
@bonyourscreen 8 жыл бұрын
I tried everything, but my kid keeps dying, pls help!
@sumsar01
@sumsar01 8 жыл бұрын
+B on your Screen - CSGO Pro tip. Don't get more. Then they wont die.
@ThinkAbstract
@ThinkAbstract 7 жыл бұрын
Tell him to RUSH B NO STOP BLYAT.
@9999Mihas
@9999Mihas 7 жыл бұрын
fix your hormones, its all about it, not about this bullshit in books
@navinr8928
@navinr8928 7 жыл бұрын
B on your Screen - CSGO
@hybby
@hybby 7 жыл бұрын
Keep spawning more broodlings!!
@mayank8960
@mayank8960 7 жыл бұрын
this is quite interesting the way you explained the concepts ! I really appreciate your work 👏 post more videos as often as you can !
@karthik24kasula
@karthik24kasula 6 жыл бұрын
I love you videos, The way you explain, The way you summarize with good examples. I appreciate your efforts. Hoping to see a lot of good videos in future.
@harryman11
@harryman11 9 жыл бұрын
This is a great summary, I have about 1/4 of the book left. Would highly recommend a listen or a read the whole thing though its a good book. While you may not be able to change your behavior but at least you know when you may not be so logical.
@FightMediocrity
@FightMediocrity 9 жыл бұрын
harryman11 Yeah, behavioral economics really opens up your mind to how crazy and ridiculous some of our behaviors are :)
@davidctle
@davidctle 9 жыл бұрын
Great representation of the book! I've read the first few chapters of the book and have been putting it off, but this review definitely sparked my interest in it again. Thanks!
@FightMediocrity
@FightMediocrity 9 жыл бұрын
David Le Awesome! :)
@madmags13
@madmags13 9 жыл бұрын
Thank you for choosing this book. I am humbled and I feel that I have been made aware of important things by your presentation. Definitely giving the book a try, thanks and please, more eye-opening content yo!
@elgato49
@elgato49 7 жыл бұрын
Thank you for this video. I can see myself watching it over and over till the ideas stuck in my head
@BecomingAlpha1
@BecomingAlpha1 9 жыл бұрын
You have to read this book about 50x to take in all the information, before this I never knew how many biases we actually operate by. But even knowing their existence makes it so much easier to make clearer decisions because now you can stop and ask yourself which of your systems is really making the decision. I wonder if in a few million years, if we make it as a species, we'll have more systems or complete control of our existing ones. Great video as always dude!
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Becoming Alpha Hahaha, I know right? It's super dense, it's like taking the entire field of behavioral economics and trying to shove it into a single book :))
@feyolopez4712
@feyolopez4712 2 жыл бұрын
Thanks no wonder I couldn't understand
@roroll4492
@roroll4492 Жыл бұрын
The summary is great and digestible but reading your comment made me rethink if I should buy the book. Hahaha
@AlxSm1th
@AlxSm1th 7 жыл бұрын
its so fucking cool that i've watched this guy since he had about 80k subs. Grats man.
@aliasgharmehdizadeh4924
@aliasgharmehdizadeh4924 8 жыл бұрын
Thanks a lot. So informative and helpful! Your short video helped me to understand a number of difficult concepts.
@klaymoon1
@klaymoon1 Жыл бұрын
Great summary of Thinking, Fast and Slow. I find your summary and illustration more entertaining than some. Subscribed!
@neilmcintosh5150
@neilmcintosh5150 8 жыл бұрын
I've used Kahneman's “peak-end rule theory” in the dating game with incredible success. So I meet women on a date and I'm not much of conversationist. So It's no surprise that these woman are bored out of their mind because they don't find me interesting, I get nervous and don't know what to say. Now here comes the interesting part: I always make sure at the very end of the date to create a pleasurable and memorable experience, and the way I do that is by simply hugging them goodbye, giving them a little kiss and telling them I can't wait to see them again. And by god does this work, it doesn't matter how bad the duration of the date went because the women always remember how it ended. It builds confidence and sexual attraction and the women can't wait to hear from me again!
@goehz99
@goehz99 6 жыл бұрын
Neil McIntosh true
@christianschwalbach7561
@christianschwalbach7561 6 жыл бұрын
Last impressions stick. I usually due the opposite. I do well conversational ly but I don't really "close" well
@manisanj9895
@manisanj9895 6 жыл бұрын
Neil this is a great example of showing the abstract concepts of these great books such as by Kahneman and show how this concept work in the real life, in fact, I copied and paste your concept into my research, in the real issues that people are encountering, this is can be a book, applying all these great Heuristic rules on the real-life situation and see if it works or how can be the tweak for your particular situation or context and make it work and write about it. Then people will truly get these concepts, and how to apply these in the real-life situations and document it and this way these concepts burns into your neuron network of their brain firmware.
@leox3783
@leox3783 5 жыл бұрын
Nice
@rutvin8763
@rutvin8763 4 жыл бұрын
Lolwut? In the first place, why would they be receptive to your advances at the end of the date if you have badly tanked most of the date?
@yehudahamaccabi9420
@yehudahamaccabi9420 9 жыл бұрын
GREAT GREAT GREAT VIDEO! You presented a lot of useful information!
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Yehuda HaMaccabi Thank you!! :) I get something positive from you on every video! :)
@yehudahamaccabi9420
@yehudahamaccabi9420 9 жыл бұрын
FightMediocrity Thank you for your reply. You do such an awesome job on every video!
@davideminicelli1354
@davideminicelli1354 8 жыл бұрын
+Yehuda HaMaccabi I'll stop this before you two get stuck into a loop
@yehudahamaccabi9420
@yehudahamaccabi9420 8 жыл бұрын
Davide Minicelli Thank you for your reply and assistance.
@lots3027
@lots3027 8 жыл бұрын
I love this video. Thank you so much for making this. It helped me alot with my book report!
@alejandroroque1666
@alejandroroque1666 8 жыл бұрын
Thank you for all your videos. it's very useful and informative. may you continue to share your thoughts and ideas to people. Alessandro
@rdoetjes
@rdoetjes 8 жыл бұрын
The tree height is not anchoring but priming! You prime group one with a high number and thus their mind is "primed" to pick a higher number and vice versa. Anchoring is when you create a hook to a certain memory. For example if you make a joke and the punch line is you in a red dress. You only have to say red dress and the people that were their remember that situation where it first occurred and often even associate their feelings at that time with it. Exactly (a bit further on) the price of a Microwave is a form of anchoring. When you looked it up it's stored somewhere, seeing a microwave and a combination of price is an anchor to that piece of information of $199.
@chanpreetsingh3041
@chanpreetsingh3041 5 жыл бұрын
Well, that is not the case. Priming effect is somewhat different than anchoring. Say, for example, that instead of the 1200, you are given an anchor of a 100,000. Of course, your(or literally anyone's) answer would be anywhere near that. Not even 10k. Statistics shows, that in this case, the mean would be even lower than 700ft. It's about the effect that the anchor has on you. 1200ft, to an uninformed person, doesn't seem out of the context- it doesn't engages system 2 that well as your system 1 believes that yes, 1200 might be true. But when a no as large as a 100000 appears, your system 1 rejects it straight away., engaging your system 2 more heavily, and hence you come up with a more reasonable no. :700ft. So, if priming was the effect, of course a prime of 100000 would not give you an average of 90k or something, but if a 1200 gives 844, then the 100000 should have given somewhere around the 2k-ish mark, which isn't what happens.
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@dirtymartini27
@dirtymartini27 8 жыл бұрын
your videos are all reshaping my thinking, I like to watch something on your channel in the mornings with coffee - no donuts although I have a box of donuts that cost me $$. They are not good for me :)
@PramodKumar-cf3tr
@PramodKumar-cf3tr 8 жыл бұрын
Your videos are so good. It learnt so much in less time. Keep up the good work.
@sambodhiambhore5383
@sambodhiambhore5383 2 жыл бұрын
Absolutely love your voice and narration style.!
@osgrotescos
@osgrotescos 9 жыл бұрын
Thank you for the video! I tried to read but stopped because is pretty long and complicated. I love your videos! Great work #brazil
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Victor Valezim Haha, thanks Victor! :)
@danieloshiro2028
@danieloshiro2028 6 жыл бұрын
#Brasil
@MarcialRojo
@MarcialRojo 8 жыл бұрын
Great review! Thanks so much. By the way, could you share with me what authoring tools you use to produce this amazing videos?
@FightMediocrity
@FightMediocrity 8 жыл бұрын
Marcial Rojo Thanks, and it's called VideoScribe :)
@_Louch_
@_Louch_ 8 жыл бұрын
perfect , really hit the nail on the head keep it running.
@rosspirsig
@rosspirsig 8 жыл бұрын
Great summary, and awesome golden nuggets of knowledge!! Thank you!
@Scintillius
@Scintillius 9 жыл бұрын
my parents are addicted to the news. but its crazy to me because it always upsets them and they go on about all the negative things going on in the world, and i just wonder why even watch in the first place? sometimes i tell them that and they're like 'yeah i know' and change the channel but end up back there after 10 minutes lol
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Strych Nine Yeah, the whole "what is this world headed to" thing is so annoying :))
@Seanecash
@Seanecash 8 жыл бұрын
I didn't know Napolean Dynamite was making videos now... Go Pedro!.....
@musicismysaviour22yearsago
@musicismysaviour22yearsago 8 жыл бұрын
great videos dude just found about you yesterday and they have taught me a lot ,really helpful thank you;
@Giatros89
@Giatros89 8 жыл бұрын
Just saw two of your videos. Great stuff. Earned my subscription!
@The3nlightened0ne
@The3nlightened0ne 8 жыл бұрын
My fav book; it changed so much of my thinking
@TzoHill
@TzoHill 8 жыл бұрын
+Mr. Ding can you briefly elaborate more on how it did please? im thinking to read very soon
@akshatawagh8711
@akshatawagh8711 5 жыл бұрын
Is your dp of jake ?
@claudews529
@claudews529 9 жыл бұрын
Another great opportunity to look in the mirror... and see what is. Thank you for your review that is, as usual, enjoyably straight forward and mind opening. :) Keep it coming. Regards.
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Claude Nadon Haha, thanks so much!
@kennetdinho1
@kennetdinho1 7 жыл бұрын
this is certainly amongst the top 3 most relevant channels on KZbin 👏👏👏👍
@TheStockDayTrader
@TheStockDayTrader 9 жыл бұрын
You are the best!! Thanks for the video! Keep up the great work
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Mike Jones Thanks Mike! :)
@GabrielSeyOfficial
@GabrielSeyOfficial 8 жыл бұрын
You're vids are awesome. 👌🏾
@BadassBobY
@BadassBobY 2 жыл бұрын
Ikr
@jaylingardner1172
@jaylingardner1172 2 жыл бұрын
No
@jaylingardner1172
@jaylingardner1172 2 жыл бұрын
THERE AMAZING
@andrazgaby
@andrazgaby 2 жыл бұрын
Your comments are awesome. 👍
@iSarCasm865
@iSarCasm865 9 жыл бұрын
Haha, just threw away a lot of useless stuff and then i saw this video. Well done. Great video!
@FightMediocrity
@FightMediocrity 9 жыл бұрын
iSarCasm865 Haha, that's awesome! And thank you! :)
@samuelstroh8631
@samuelstroh8631 8 жыл бұрын
Your channel is amazing, i love it, thank you for the mesaage, i really needed it :)
@dilianakarailieva6539
@dilianakarailieva6539 4 жыл бұрын
thank you - this is a wonderful summary of a long and rich text
@ahmadraihan327
@ahmadraihan327 7 жыл бұрын
it really is alike from the book "why smart people make big money mistake" by Gary Belsky
@JoelAtico
@JoelAtico 7 жыл бұрын
its similar to the book titled: "the art of thinking clearly" by rolf dobelli
@feyolopez4712
@feyolopez4712 2 жыл бұрын
Thank you👍!
@oleksandrkozhanov3
@oleksandrkozhanov3 6 жыл бұрын
Many thanks to author and the whole FightMediocrity team! The way of book overviewing is terrifically clear to catch and make feeling afterwards as if you've just read a book.
@SuttaReadings
@SuttaReadings 3 жыл бұрын
Thank you so so much for sharing this!
@bwing411
@bwing411 8 жыл бұрын
I think his voice and style of video making is going to catch on. I could listen to him talk about anything
@MyMostBeautifuCinema
@MyMostBeautifuCinema 8 жыл бұрын
+bryce e Ditto, I wonder if he took any voice and/or speech training classes, the flow and variation of his speech work magically together, especially for this type of material.
@Seanecash
@Seanecash 8 жыл бұрын
+bryce e Yeah, Napolean Dynamite is awesome!!.........
@NehalDeshpande
@NehalDeshpande 8 жыл бұрын
+Andrew Safabakhsh so true
@rutvin8763
@rutvin8763 4 жыл бұрын
@@MyMostBeautifuCinema lol there're some things called scripts and cues
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@TipoQueTocaelPiano
@TipoQueTocaelPiano 8 жыл бұрын
6:50 "There is a 10% chance you are going to die" No, there is a 100% chance you are going to die.
@thomasfrenette5010
@thomasfrenette5010 8 жыл бұрын
+ThumperOne You dont understand humour I guess ahah
@sugamtyagi9144
@sugamtyagi9144 8 жыл бұрын
+Citriano Torres But, but there's a 0% chance, you are going to live.
@hybby
@hybby 7 жыл бұрын
Not necessarily 100% anymore. :)
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@DeeNCee.7676
@DeeNCee.7676 8 жыл бұрын
already one of my favorite books! good summary!
@markmesias9660
@markmesias9660 2 жыл бұрын
This is an excellent summary! Thank you; this is very helpful.
@ardianxh
@ardianxh 7 жыл бұрын
please when u write feet, can u like ( meters also ) ? we in the rest of the world use meters :P
@eyobdereje159
@eyobdereje159 4 жыл бұрын
goal.com
@sharoothsprakash1953
@sharoothsprakash1953 4 жыл бұрын
Ikr
@rutvin8763
@rutvin8763 4 жыл бұрын
start using feet then
@sahil-06-11
@sahil-06-11 3 жыл бұрын
I use both 😝
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@abcd123906
@abcd123906 3 жыл бұрын
Big idea 1: System 1 (knee jerk, instinctual) vs System 2 (methodical, logical, deliberate) thinking Big idea 2: Anchoring Big idea 3: Science of Availability (availability bias) Big idea 4: Loss Aversion Big idea 5: Framing Big idea 6: Sunk Costs
@rikuniro
@rikuniro 8 жыл бұрын
amazing! first video of yours I watch and immediately subscribed
@Jessica-gw9cf
@Jessica-gw9cf 8 жыл бұрын
Thank you, loved this!
@michelsennett5375
@michelsennett5375 9 жыл бұрын
You are a voracious reader! I was too a bit turned off as a kid from reading because my mom read voraciously.. romance novels! And not much got done around the house including quality time! Don't do media so much because not only is it like Bugs Bunny's eaction after being poisoned by the witch, it is more advice and celebrity gossip. My folks think that gambling is pure fun; I'd rather 'gamble' with investment funds. Thanks again my KZbin friend!
@FightMediocrity
@FightMediocrity 9 жыл бұрын
Michel Sennett Hahaha, thanks for writing Michel! :)
@seamew2108
@seamew2108 4 жыл бұрын
If you asked me about heighth of anything in feet, I'd ask how much is that in meters?
@FelipeSilva-bq1ur
@FelipeSilva-bq1ur 8 жыл бұрын
Just found out about your channel. Great stuff!! Keep doing what you're doing. You choose your words in such a way that makes it easy for us to understand this things that, in reality, we should already be doing! Sorry for my english. Not my native tongue, i'm from Brazil
@Suplexmaschine
@Suplexmaschine 8 жыл бұрын
Hang on there, hang on there... a VERY important detail is missed most of the time with that "coin game" (for ex. winning 1100€ or losing 1000€). *It also depends on how much money you got!* A Millionaire can play this game 1000x but if you only have 1000€ left and you need it to pay your bills (for ex. the bill for your house or you'll be kicked out) it is very dumb to play that. If you win, great, you gained 100€. But if you lose u not only lost 1000€, you have a whole loota trouble now. So to sum up: To play this game to your advantage you need enough money so that you can afford to lose it.
@Thenoob579
@Thenoob579 8 жыл бұрын
+Suplexmaschine Does you win 1000/1100 means you win 1000/1100? Normally, you don't minus the "entrance fee" from your winnings.
@andrewmccullough559
@andrewmccullough559 7 жыл бұрын
Actually you don't need to be a millionaire as long as you can play a large number of times, and without having to put up the money on each loss. In other words, if you could run a credit and play 1000 times, your expected earnings is $100/game x 1000 games = $100,000, but more importantly, if you have bills to pay, is that you reduce your chance of coming out in the negative at all to a mere 7% (according to the binomial equation).
@Suplexmaschine
@Suplexmaschine 7 жыл бұрын
I didn't say you have to be a Millionaire to play it, I just used it as an example.
@andrewmccullough559
@andrewmccullough559 7 жыл бұрын
You say at the very end that "you need enough money so that you can afford to lose it." But that's not true: you could play with zero money to start, zero money to lose, and still cut the odds of losing anything to almost zero, if you could play enough times.
@Suplexmaschine
@Suplexmaschine 7 жыл бұрын
?? Lets say you start your first game: Winning 1100 or Losing 1000. In that first game you lose 1000$. You don't have 1000$? Congratulations! You are now in big trouble. Ofc you can't play that game again. To let the odds work for you, you have to have some start capital because it's very possible to lose the first 3 times for example. That means in that scenario you have to have 3000$ (+1000$ for the next game) or otherwise you can't keep on playing.
@ryanbratton9113
@ryanbratton9113 7 жыл бұрын
Throwing that chair away right now Keeping the candy though
@nobinobita1370
@nobinobita1370 7 жыл бұрын
XD
@eyobdereje159
@eyobdereje159 4 жыл бұрын
goal.com
@thevividbookmark1235
@thevividbookmark1235 3 жыл бұрын
kzbin.info/www/bejne/hqPcf2iveaZ9iJI
@LuisBreak
@LuisBreak 6 жыл бұрын
Man, I am simply getting addicted to your videos. Thank a lot for provide some great value to subscribers. Would you mind sharing what is the tool you use to make your videos. Thank again and keep up this great work. Cheers
@pyroneph
@pyroneph 8 жыл бұрын
Your videos are well made and they have so much value to me!
@Captain_MonsterFart
@Captain_MonsterFart 8 жыл бұрын
My name really is Jen and i bought Halloween candy this week and no kids came to my house. I have been wondering what the hell to do with it now. Funny.
@periodictech4248
@periodictech4248 8 жыл бұрын
give it away...celebrate ur separate holloween..
@coopercolt
@coopercolt 7 жыл бұрын
1:12 e-rational and e-logical. Must be new Apple products
@muhaali1349
@muhaali1349 8 жыл бұрын
I thank you a lot FightMediocrity for changing my life with this many Book review, i wish you big
@PaulCreane
@PaulCreane 8 жыл бұрын
I love your work and it has inspired me. please do one on "men are from mars" and one on "feel the fear and do it anyway" peace and respect Paul x
@manuelortmann
@manuelortmann 4 жыл бұрын
In a nutshell: Darwin wins over Kant
@rutvin8763
@rutvin8763 4 жыл бұрын
uhhh...no.
@barryirlandi4217
@barryirlandi4217 8 жыл бұрын
I'm unsubscribing from Vice news...
@suziesmith9076
@suziesmith9076 2 ай бұрын
Why?
@freespirit1869
@freespirit1869 Жыл бұрын
this is actually a great video well done
@demonicstargamer8549
@demonicstargamer8549 7 жыл бұрын
This video really made me realise a lot I love the .. explanations between Viewing things differently people don't realise that others view things different and sometimes you make bad decisions for a reason .. and for no reason .. you would have had to make a bad desion always for a reason if you haven't Move on .. and find that reason
@xAnonymousComedia
@xAnonymousComedia 7 жыл бұрын
I wouldn't play the flip coin game even if it was for a million dollar.
@aridivina
@aridivina 8 жыл бұрын
“You get your wife pregnant?" What If I am a woman watching this video? Do I need to pretend I am a man for 10 min or continue to be a woman and I just imagine what is to wait around for my husband to come back with awesome news?
@SaveTheChildern_
@SaveTheChildern_ 27 күн бұрын
The vidéo is good but the statement get your wife pregnante bothered me
@danieledwards3144
@danieledwards3144 5 жыл бұрын
Wonderful summary of his book 👏🏼 👏🏼
@hansasolanki3496
@hansasolanki3496 4 жыл бұрын
Very well explained! Thankyou so much 💛
@2shabbs
@2shabbs 7 жыл бұрын
Stopped practicing Christianity several months ago, still have all these book shelves full of Christian propaganda. I know I can't recoup the cost... bleh...
@hybby
@hybby 7 жыл бұрын
Donate those books. Or sell them. Either way, it clears your shelves for better books.
@AC-lh9px
@AC-lh9px 5 жыл бұрын
Thank you for this video! saved me a lot of time
@rominhawk3949
@rominhawk3949 5 жыл бұрын
Thank you "FightMediocrity". Always awesome topics and presentations. I see in the comments that you've brought out the funny out of some people; but, that is just the way of man kind.
@salwainde5364
@salwainde5364 6 жыл бұрын
You're review is over the top...Thank you for your efforts ^-^
@sozakar
@sozakar 8 жыл бұрын
Great summary!...Thanks for this!
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