Watch this interview by Inc. magazine of Daniel Kahneman about his book “Thinking Fast, Thinking Slow”. The interviewer asks Kahneman why it is important for business decision makers to understand the difference between these two forms of thinking. Comment on why it would be important for individuals to also be aware of these differences when making personal financial decisions. Be sure to define both types of thinking: 1) Thinking Fast, and 2) Thinking Slow. Also include examples of benefits and/or risks of both forms of thinking for an individual.
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