How to End Yourself Before You Make Another Costly Decision

Nobody intentionally makes bad decisions. Yet we make sure they are on a regular basis. In fact, a number of the worst disasters in latest history-the collapse of major investment banking institutions, the global economic meltdown-were the consequence of apparently reasonable decisions made by a lot of sensible people. So how exactly does this happen?

Michael J. Mauboussin argues that the correct process for choosing well-especially when the stakes are high-conflicts with how our about THINK: Harnessing the Power of Counterintuition thoughts naturally work. When faced with complicated circumstances, our brains revert to simplified patterns that obscure better methods to the problem. Even though we believe we’re applying logic and cause, we’re subconsciously succumbing to social or situational affects. Fortunately, we can override our mind’s default systems-that is, we can counter our intuition-by learning to “think twice.”

In this compelling audio book, Mauboussin outlines a disciplined approach to decision making which will significantly decrease costly errors. It involves preparing to encounter common mental traps, spotting these errors in framework, and applying the right mental tools to form better decisions. With repetition, you’ll start to catch poor decision making-both yours and others’-as it unfolds in front of you.

Through brilliant stories from business, sports, science, and everyday routine, Mauboussin categorizes common mental mistakes and will be offering actionable advice for avoiding them, including:

• The Inside/Outside Look at: Take the experiences of others into account

• Tunnel Eyesight: Force yourself to consider alternatives that produce you uncomfortable

• The Whole Is Smarter Than Its Parts: Don’t oversimplify complex problems

• Situational Power: Be highly alert to the influence others have you

• The Expert Squeeze: Know when to trust so-called specialists, and when not really to

Backed by powerful study and shrewd analysis, this audio book offers you a mental toolkit for spotting dangerous decision traps-and making smarter choices in your professional and personal life.