Why Smart People Make Stupid Decisions | Thinkonomics Audiobook

Why do brilliant people make terrible decisions? In this video, we break down the psychology behind smart people's biggest blunders, from Nobel laureates and genius investors to presidential advisers, and show you practical tools to protect your own thinking. Intelligence is the engine. Rationality is the steering and the brakes. Learn why a powerful mind can still crash, and what to do about it. CHAPTERS 0:00 The Paradox of Smart People 2:30 Two Brains in One Head (System 1 vs System 2) 5:00 The Bias Blind Spot 7:30 When Intelligence Becomes a Weapon for Your Beliefs 10:00 The Expertise Trap and Overconfidence 12:30 Ego, Emotion and the Sunk Cost Trap 15:00 Groupthink: When Many Smart Minds Fail Together 17:30 How to Protect Yourself From Your Own Brilliance WHAT YOU'LL LEARN Why intelligence and rationality are not the same thing How fast and slow thinking lead even smart people astray Why smarter people can be just as blind to their own biases How motivated reasoning turns intelligence into a weapon for your beliefs Real stories: Linus Pauling, Isaac Newton, Long-Term Capital Management, the Concorde and the Bay of Pigs Seven practical tools, including the pre-mortem and a decision journal IDEAS AND RESEARCH MENTIONED Keith Stanovich on dysrationalia Daniel Kahneman on System 1 and System 2 thinking West, Meyer, Toplak and Stanovich on the bias blind spot Dan Kahan on motivated reasoning and numeracy Irving Janis on groupthink Gary Klein on the pre-mortem Which decision do you wish you could take back? Tell us in the comments, and if this video made you think twice, like and subscribe for more videos on how the mind really works. #psychology #criticalthinking #cognitivebias #decisionmaking #intelligence #behavioralscience #mindset #selfimprovement #thinkingfast​andslow #groupthink