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    Think Twice (Review and Analysis of Mauboussin's Book)
    Think Twice (Review and Analysis of Mauboussin's Book)
    Think Twice (Review and Analysis of Mauboussin's Book)
    Ebook40 pages43 minutes

    Think Twice (Review and Analysis of Mauboussin's Book)

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    About this ebook

    The must-read summary of Michael Mauboussin's book: "Think Twice: Harnessing the Power of Counterintuition".

    This complete summary of the ideas from Michael Mauboussin's book "Think Twice" reveals the reasons why people sometimes make bad decisions. In his book, the author explains that this comes down to the mental software that is hardwired into the human brain. Most of us would rather do whatever comes to mind first rather than properly calibrating the evidence which lies at hand and applying that to our decision making. This summary demonstrates why you should try and think twice when making decisions in order to reduce the number of mistakes you make.

    Added-value of this summary:
    • Save time
    • Understand key concepts
    • Expand your knowledge

    To learn more, read "Think Twice" and find out how to make better decisions in your personal and professional life.
    LanguageEnglish
    PublisherBusiness Book Summaries
    Release dateNov 12, 2014
    ISBN9782511021989
    Think Twice (Review and Analysis of Mauboussin's Book)

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      Book preview

      Think Twice (Review and Analysis of Mauboussin's Book) - BusinessNews Publishing

      Book Presentation: Think Twice

      by Michael Mauboussin

      Book Abstract

      About the Author

      Important Note About This Ebook

      Summary of Think Twice

      (Michael Mauboussin)

      The eight most common decision mistakes – and how to offset them

      Book Abstract

      Main Idea

      Why do smart people sometimes make appalling bad decisions, especially when the stakes are high? It really comes down to the mental software hardwired into the human brain. We genuinely are not well equipped to deal with many of today’s most pressing problems. We see the world we want to see rather than letting the facts speak for themselves. We also have no problems harboring false beliefs, even if irrational. And most of us would rather do whatever comes to mind first rather than properly calibrating the evidence which lies at hand and applying that to our decision making.

      To reduce the number of mistakes you make, try and think twice about your choices. To do that, three steps are involved:

      About the Author

      MICHAEL MAUBOUSSIN is chief investment strategist at Legg Mason Capital Management. He has been adjunct professor of finance at Columbia Business School since 1993. Mr. Mauboussin has served as managing director of Credit Suisse and is the former president of the Consumer Analyst Group of New York. Mr. Mauboussin is the author of More Than You Know and the coauthor of Expectations Investing. He is a graduate of Georgetown University.

      Mr. Mauboussin’s Web site is at www.MichaelMauboussin.com.

      Important Note About This Ebook

      This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization

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