This book by Rolf Dobelli is essentially a distillation of various ideas from psychology, stoicism and investor advices. The author details various concepts in vogue in these fields of study, particularly relying on Daniel Kahneman, Stoics like Seneca and Marcus Aurelius and finally the Berkshire Hathaway magician Charlie Munger. Nevertheless, being an anthology of these ideas, the book makes for an interesting read.
Thinking Fast and Slow, by Nobel Prize Winner Daniel Kahneman, deals with the cognitive illusions that bog our judgements and choices. The book deals with three concepts primarily viz, the fast thinking, intuitive, associative System 1 v Slow thinking, rational System 2, the Econs (the rational agent of classical economics) v Humans (who is not always a rational agent) and the Experiencing Self (who lives through our daily experiences) and the Remembering Self ( who is responsible for reconstructing the experiences that we had). Kahneman warns us about the logical incoherences that we often fall to, and points out that it is only human to make such mistakes while also stressing that it is important to realise the existence of these cognitive traps.
What do you make of your life when everything you think defines your life is taken away? Man can find meaning in his life through three things: 1) through his work, 2) through love, 3) and through suffering. Finding meaning through suffering is the most noble, difficult and often understated path.