In 'Thinking, Fast and Slow', Kahneman takes the readers on a tour of the mind and explains the two systems that drive the way people think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman exposes the capabilities - and also the faults and biases - of fast thinking, and reveals the pervasive influence of intuitive impressions on people's thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation - each of these can be understood only by knowing how the two systems work together to shape the judgments and decisions. Kahneman reveals where the readers can and cannot trust their intuitions and how they can tap into the benefits of slow thinking.