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How to make better decisions thinking, fast and slow - jennifer vu huong

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How to make better decisions thinking, fast and slow - jennifer vu huong

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All decisions we make in our life are the battles between the 2 systems: Fast and slow system.
The presentation will talk about the characteristics and how to make the best use of the two systems.

All decisions we make in our life are the battles between the 2 systems: Fast and slow system.
The presentation will talk about the characteristics and how to make the best use of the two systems.

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How to make better decisions thinking, fast and slow - jennifer vu huong

  1. 1. THINKING Jennifer Vu Huong Huongvuvu.hut@gmailcom &
  2. 2. What do you see in the picture? If you have 1s to think before answering? If you have 10s to think before answering? “A beautiful girl “ “A beautiful girl is smiling while holding a branch” “A beautiful Vietnamese girl is standing nearby the Peach tree in Chinese New Year time“
  3. 3. How many dimensions in the picture? If you have 1s to think before answering? If you have 10s to think before answering? - Height - Width- Height - Width - Depth
  4. 4. How much does the ball cost? A bat A ball The bat costs $1 more than the ball
  5. 5. $1.10 $0.10 $1.05 $0.05 0 20 40 60 80 100 Incorrect answer Correct answer
  6. 6. There are 2 systems &
  7. 7. Characteristics of the 2 systems SLOW CONSCIOUS EFFORTFUL RELIABLE
  8. 8. System 1: FAST SYSTEM Walk with your kid See a lion Play with the lion The lion eats your kid
  9. 9. System 2: SLOW SYSTEM Walk with your kid See a lion Hide your kid Your kid is safe
  10. 10. System 1: FAST SYSTEM Walk with your kid See a bird flying over Your kid suddenly drops death
  11. 11. Walk with your kid See a bird flying over Hide your kid Your kid still drops death System 2: SLOW SYSTEM
  12. 12. Dangerous System 1: FAST SYSTEMSystem 2: SLOW SYSTEM Harmless
  13. 13. How to use the best of the two systems? • To continually reassess and challenge our thinking process in each situation
  14. 14. How to use the best of the two systems? System 1 Access the situation Everyday decisions System 2 Analyze the big picture Make decisions
  15. 15. How to use the best of the two systems? Career Finance Life My presentation BBTM Relationship Dating Marriage New things Life career Bankrupt Spending money Overcome challenges Giving up Getting info Implementation Joining Leaving

Editor's Notes

  • Who among of us is a fast thinker, who is a slow thinker??
    Great, let’s together discover your fast and slow thinking abilities.
    I will give you different situation. For each situation, you will have 2 chances to answer: the 1st chance, you will only have 1s to think before answering; the second chance you will have 10s to think before answering.
  • A bat and ball cost $1.10
    The bat costs one dollar more than the ball.
  • More than 50% of students at Harvard, MIT and Princeton got the bat-and-ball puzzle incorrect. More than 80% of other universities had the incorrect answer as well. *
  • Who among of us is a fast thinker, who is a slow thinker??
    Great, let’s together discover your fast and slow thinking abilities.
    I will give you different situation. For each situation, you will have 2 chances to answer: the 1st chance, you will only have 1s to think before answering; the second chance you will have 10s to think before answering.
  • With every decision you take, every judgement you make, there is a battle in your mind - a battle between intuition and logic.
  • You start walking with your kid again
    A bird flies over you, all sudden your kid drops death
    You go home and feel sad and you get your wife pregnant again
    You make a promise to yourself that you will make sure that you hide your kid when you see a lion and when a bird flies over
  • How fast or slow you are as long as you keep moving forwards

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