A close second and third and fourth would be the works by Nassim Taleb: Fooled by Randomness and Black Swan (also, Antifragile). Yes, there is some interesting stuff in here, but you have to fight for it. Fiction. Though very different in personality, they became very close friends and went on to collaborate in producing a number of papers concerning what came to be known as behavioural economics – or in layman’s terms, the psychology of judgement and decision making. There is a brief mention of a few expert … The book is fun to hear, as both characters have lively, competitive personalities. According to the Moneyball author, it's all about framing. Amos Tversky and David Kahneman are psychologists who met in Israel in the 1960’s. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Lewis accomplished this fairly well. I had to wonder, as I was reading The Undoing Project, whether Mr. Lewis would really respect his subjects’ doubts about experts or follow the imperative that any book on any problem must conclude with experts confidently solving the problem.Mr. This was informative and quirky--these guys kind of propounded all of these very provocative and innovative theories on their own!--but also very poignant and sad. The challenge is to tell the story in a way that describes the behavioral biases without the need for technical discussion. Although their personalities were total opposites, they found themselves enthralled with one another, and collaborated closely for fifteen years. Derivatives! I would have been less annoyed with the single reference to the importance of Gestalt theory here without Kurt Lewin, “utility theory” without Bentham’s utilitarianism, etc. Though very different in personality, they became very close friends and went on to collaborate in producing a number of papers concerning what came to be known as behavioural economics – or in layman’s terms, the psychology of judgement and decision making. Over the HBO drama's six-week rollout, the "Undoing" star couldn't resist scrolling Twitter, even if what he found wasn't always flattering. Unless you are totally into psychology, take a pass on this one. In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality. “Man is a deterministic device thrown into a probabilistic universe. I've read quite a lot about Kahneman and Tversky, but this book is surprising me, it's much more biographical and anecdotal. This is also a biography of the idea that people are not as rational as they think they are; moreover, their mistakes aren’t random, they are predictable and just like optical illusions even after you know you’ve been fooled you still see them. Goodreads helps you keep track of books you want to read. Michael Lewis writes well but I believe he has fallen short here. From writer David E. Kelley (Big Little Lies) and director Susanne Bier (The Night Manager), the limited series focuses on Nicole Kidman’s Grace Fraser, a successful therapist, and her devoted husband, Jonathan (Hugh Grant), and their young son who attends an elite private school in New York City.A chasm opens in Grace's … I tend to get excited when the best story tellers write a new book, and when the book covers a topic I have been focused on recently this is even more so. Lewis is a master storyteller, and the way he plays with the tension of both this ideological partnership and the ideas themselves is truly impressive. Good psychology wisdom 2. . If you prefer just the facts (as I usually do) you might wanna pass on … Not so with The Undoing Project. Write a review. It also analyzes reviews to verify trustworthiness. This is a biography of two Israeli psychologists who had such an impact on economics that one of them – Daniel Kahneman won the Nobel Prize. Lewis has given us a spectacular account of two great men who faced up to uncertainty and the limits of human reason.” —William Easterly, Wall Street Journal , The Undoing Project, A Friendship That Changed Our Minds, Michael Lewis, 9780393354775 In the past two decades, all five of his books have made The New York Times' bestseller... Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original papers that invented the field of behavioral economics. Of course, I’d heard of Daniel Kahneman’s work before, but I’d never read his famous, The story of Daniel Kahneman and his erstwhile companion Amos Tversky, and their creation of the field of behavioral economics. But "The Undoing Project" is written by Michael Lewis, the author of "Moneyball" and "The Big Short" and is simply a more enjoyable book to read. Verified Purchase. Let us know what’s wrong with this preview of, Published by W. W. Norton Company, The Undoing Project: A Friendship That Changed Our Minds. It's still my favorite book on analytical folly and some of its remedies. “Brilliant. A great story, well told. October 31st 2017 I found this book informative while also exploring the business of baseball. Some parts of the book I liked very much. It. 4.5 stars. I am about one-third of the way through Michael Lewis's "The Undoing Project", and I'm not sure I can make it much further. What made this book special is that Lewis made baseball interesting for people who are not usual fans of the sport. It reminds us all that relationships can be difficult, but they can be easy if know how to work on them Overall, far mor… Jun 5, 2016, 1:10 pm. It is a tricky read. My first exposure to these concepts was in the book "The Psychology of Intelligence" by Richard Heuer. I think my friend Andrew put this best: only Michael Lewis could make this story exciting. The Undoing Project is the amazing story of the friendship between Daniel Kahneman and Amos Tversky, and how that friendship revolutionized the field of psychology. Reviewed in the United States on April 5, 2017. Amos Tversky and David Kahneman are psychologists who met in Israel in the 1960’s. First of all, I feel somewhat guilty about the rating. I think I need to read Kahenman's "thinking,fast and slow" to understand this book. The only thing I can add to this is that I am now genuinely excited to read Daniel Kahneman's THINKING FAST AND SLOW, a book that it feels like a hundred people have tried to sell me on over the years and that I had, up until this moment, resisted. Reviews. The Undoing Project, by Michael Lewis, 3 stars, The Undoing Project by Michael Lewis - 4 stars, Malcolm Gladwell Examines the Real Danger of Talking to Strangers. by Michael Lewis. While economics usually bores me. This dichotomy is the tension between intuition and algorithms, between gut feelings and empirical data. The Undoing Project explores the close partnership of Israeli psychologists Daniel Kahneman and Amos Tversky , whose work on heuristics in judgment and decision-making … Nearly halfway through I stopped to read some reviews of the book because I had no idea what it was about or where it was going. A better subtitle: "The End of the Affair". I found this book informative while also exploring the business of baseball. They did groundbreaking research that led to improved understanding of how we make decisions. But I think every serious thinker needs to get some exposure to the psychology of analytical mistakes. See all 10 questions about The Undoing Project…, 100 Notable Books of 2017 - The New York Times, Moneyball: The Art of Winning an Unfair Game, The Big Short: Inside the Doomsday Machine, Descartes' Error: Emotion, Reason and the Human Brain, Synaptic Self: How Our Brains Become Who We Are, Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy. Life for a successful therapist in New York begins to unravel on the eve of publishing her first book. Michael Lewis, the author of “Moneyball” and “The Big Short” has an amazing ability to write fascinating books about subject matters that I normally find mind-numbingly boring: sports and the economy. 1,512 customer ratings. 4.3 out of 5 stars. Book Review : The Undoing Project by Michael Lewis. His talent lies in the ability to find people---the outliers, the rebels, the freaks---who have a unique perspective and new ways at looking at old problems. Michael Lewis narrates how it happened in this superb biography of two outstanding thinkers who were in love with each others' ideas and a little bit with each other. Can someone help me sort out this analysis, in light of this book? The book “The Undoing Project: A Friendship That Changed Our Minds,” by Michael Lewis, tells the story of the psychologists Amos Tversky, left, and Daniel Kahneman, right. Sci-Fi/Fantasy/Horror. I don’t need that in writing, and maybe I’ve graded too many papers, but I want a clear thesis. When Psychology strapped on its parachute and dropped into the Kingdom of Economists, most of the natives rushed off to defend Rational Man from the attack of Emotionalists. As a social-psychologist who loves psychology, sociology, and understanding humans, I thoroughly enjoyed “The Undoing Project”. These concepts are available in a great number of mediums now, whether it is MBA courses, free Moocs, or elsewhere. This book is a well-told story, but that’s both its strength and its weakness. To see what your friends thought of this book, Depends. In “ Moneyball ,” he tracked the astonishing success of Billy Beane, the general manager who turned the Oakland A’s from underdogs into … It's still my favorite book on analytical folly and some of its remedies. Oftentimes, these people don’t even know they have a new perspective on something. Being a baseball lover, one of my favorite books is Michael Lewis' Moneyball where he follows the low budget 2002 Oakland A's during their remarkable, division winning season. Red Bull....check. Lewis mailed this in - did an intern write it? It is a testament to Michael Lewis' writing that chunks of the psychological research featured in this book were beyond my comprehension, and yet I still enjoyed reading it. It went back and forth in time in a stream of consciousness way that didn't move the story forward. The Undoing Project: A Friendship That Changed Our Minds, by Michael Lewis, is a well-written story about two people who developed some important ideas. The Undoing Project tells the story of two Israeli psychologists who made some surprising discoveries about the way people think. When they considered emotions, the Economists found Rational Man more human, more likely to behave as people actually behaved. We must support the popularization of scholarly topics, and I’ve read that it takes, on average, at least 20 years for new ideas, analyses, and discoveries to move out of the academic curriculum of higher education to what we teach our children in secondary schools. “The Undoing Project” gives lots of insights about the birth of heuristics, bias’ and behavioural psychology. Your recently viewed items and featured recommendations, Select the department you want to search in, Behavioral finance - avoid being prey on the way to a Nobel Prize, Reviewed in the United States on October 27, 2017. In essence, they argued that departures in human rational thought can be predicted and its impacts calculated. Depends. My first exposure to these concepts was in the book "The Psychology of Intelligence" by Richard Heuer. In. There is no flow to the story and no energy to make you want to continue reading. I won't spoil it, but Amos really disappointed me with his calcifications toward the end. It's also absolutely free to download and read. In fact I don’t recall him talking about thinking fast (immediate response) or slow (long-term investor) at all. In this he tries the trick of explaining confusion by demonstrating confusion, but near the end of this work we appreciate again Lewis’ distinctive clarity and well-developed sense of irony as he addresses a very consequential collaboration in the history of ideas. Great humor 3. This book is a major departure from Lewis's other books, of which I have read many. Reviewed in the United States on June 12, 2018. which is surely worth reading, and gets deeper than this book into the accomplishments Tversky and Kahneman made in decision theory. I’ve been captivated by other Michael Lewis books. If you're looking for some personal insight into K&T, this is the book. I'm thinking of this book in the context of the recent US Presidential election: voters making a choice between the candidates, based on uncertainty / probabilities of course. You don't need this book to introduce you to concepts of "bounded rationality" and analytical biases. This one was a disappointment and a waste of my time. Their ideas seem so simple and straightforward, yet until they presented them, no one else had considered them. One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. We’d love your help. He has attempted the same here about Tversky and Kahneman. While Kahneman (Tversky died in 1996 so did not share in the Nobel) wrote Thinking Fast and Slow to share their life work, here Lewis tries to identify why they worked so well together. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. The Undoing Project is a thoroughly fascinating look at psychology, academia and life in mid-century Israel. Welcome back. A friendship that revolutionized psychology, Reviewed in the United States on December 9, 2017. Top subscription boxes – right to your door, The Undoing Project: A Friendship That Changed Our Minds, See all details for The Undoing Project: A Friendship That Changed Our Minds, © 1996-2020, Amazon.com, Inc. or its affiliates. Created by David E. Kelley. I will be bold, and confidently tell you what this book is all about...Humans making decisions are inherently handicapped by systematic biases that make them think they are being logical, but often, or possibly usually, are not. Refresh and try again. Reviewed in the United States on May 29, 2020. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. It gives you insights into their friendship but there is a sense that their closeness was a mystery to even their closest friends and this for me is what drives the story. The story of Daniel Kahneman and his erstwhile companion Amos Tversky, and their creation of the field of behavioral economics. Caution! They’ve simply asked questions that nobody ever thought to. The Undoing Project – Book Review I’ve just finished Michael Lewis’s The Undoing Project which follows two Israeli psychologists Daniel Kahneman and Amos Tversky whose work around human decision making, judgment, and bias have influenced the field of decision making and behavioral economics. You can still see all customer reviews for the product. Lewis did something else he’d not done before as well. The importance of these discoveries is that once identified, they are more manageable and help explain various phenomena. Reviewed in the United States on October 10, 2018, “The difference between being very smart and very foolish is often very small” - Amos Tversky, Reviewed in the United States on April 2, 2018. I don't know that it's fitting that Kahneman wound up winning the Nobel while Tversky did not, but hopefully it provided closure. I think my friend Andrew put this best: only Michael Lewis could make this story exciting. Probabilities, utilities and even regret mattered less than did potential change from the status quo to these actors. However, to his credit, he does mention the issue of the academic/popular divide in non-fiction writing on scholar topics in his endnote. Customers Who Bought This Item Also Bought Incognito: The Secret Lives of the Brain If Kahneman and Tversky were giving talks today, they'd be YouTube/TED talk stars. The Undoing Project: A Friendship That Changed Our Minds Michael Lewis. Some parts of the book I liked very much. It will require all your concentration to not zone out as you are reading it. Mystery/Thriller. The only thing I can add to this is that I am now genuinely excited to read Daniel Kahneman's THINKING FAST AND SLOW, a book that it feels like a hundred people have tried to sell me on over the years and that I had, up until this moment, resisted. Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing our assumptions about the decision-making process. To start with the mundane and annoying: for a book with this much technical content, terms, and names an index almost seems a necessity, yet none was provided. Probabilities, utilities and even regret mattered less than did potential change from the status quo to these actors. “In the end, peace can be achieved only by hegemony or by balance of power.” ~ Henry Kissenger, Michael Lewis, the author of “Moneyball” and “The Big Short” has an amazing ability to write fascinating books about subject matters that I normally find mind-numbingly boring: sports and the economy. We must support the popularization of scholarly topics, and I’ve read that it takes, on average, at least 20 years for new ideas, analyses, and discoveries to move out of the academic curriculum of higher education to what we teach our children in secondary school. And here's a new review of The Undoing Project from April 20, 2017, in which the reviewer is concerned about the potential for unconscious manipulation, that is, that cognitive science is being used to manipulate rather than to remove the sources of bias. 4.3 out of 5. Lewis' books always had energy and told an interesting tale. More foot/endnotes and perhaps a fuller bibliography would be helpful, too. So many people viewed both candidates as a loss; or one as a definite loss of some unknown magnitude, and the other as a possible gain of unknown magnitude. I found their documentation of the systematic ways in which people deviate from rational decision-making fascinating and I was searching for a way to apply that to political … Nick de Vera Depends. Lewis’s new book, The Undoing Project: A Friendship that Changed Our Minds, turns back from data to the problem that number crunching leaves unsolved — to the human mind when it is faced with uncertainty, processing evidence, forming judgments and misjudgments, drawing conclusions, arriving at … 4.5 star. What made this book special is that Lewis made baseball interesting for people who are not usual fans of the sport. They became heroes in the university and on the battlefield―both had important careers in the Israeli military―and their research was deeply linked to their extraordinary life experiences. As with the other Lewis books I have read, I was not disappointed. To me it feels as if Michael Lewis was having so much fun delving into the lives of two eminent psychologists that he forgot about his readers. One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach, Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original papers that invented the field of behavioral economics. If Lewis is capable of making baseball appeal to non sports fans, then he can also make behavioral economics and psychology accessible to a person like myself who is either finds the subject matter dull or tedious. It was tedious reading. I won't spoil it, but Amos really disappointed me with his calcifications toward the end. These two Noble Prize winning psychologists made groundbreaking discoveries in the behavior and … With Nicole Kidman, Hugh Grant, Noah Jupe, Donald Sutherland. I probably would have read anything he published, even another sports business book (I haven’t read any of those yet), but since it was about a pair of Israeli psychologists, I was especially intrigued. By the end of this book I was bawling aloud, in total sync with what Lewis was trying to convey: why humans do what. The book tells the story of how they questioned the conventional thinking and demonstrated the biases that inherent in all of us. I loved learning about two very smart men. I've read quite a lot about Kahneman and Tversky, but this book is surprising me, it's much more biographical and anecdotal. I don't know that it's fitting that Kahneman wound up winning the Nobel while Tversky did not, but hopefully it provid. I felt as if I was reading a textbook for a class I had to take, but had no interest in. . When this book was chosen for my book group, I looked forward to reading it. The first episode is intriguing but slow, as there's a lot of build-up early on, but subsequent episodes pick up the pace and The Undoing quickly becomes a page-turner of a series. Reviewed in the United States on December 22, 2016, With no doubt, I had great fun reading “The Undoing Project.”, 2,329 global ratings | 1,713 global reviews, Reviewed in the United States on October 9, 2017. The Undoing Project: A Friendship That Changed Our Minds, by Michael Lewis, is a well-written story about two people who developed some important ideas. These two were opposite in nature but shared a mutual understanding in the way of their thinking. Access a free review of The Undoing Project, by Michael Lewis and 20,000 other business, leadership and nonfiction books on getAbstract. I did enjoy Lewis’ good writing, even if nothing is clearly explained except for about the two, their friendship and thinking, and the environs of that. Lewis writes about a ton of interesting things, but I want to see some kind of argument through-line, even if it’s to poke fun at an argument. One of the delightful facts, also hidden in his endnotes, is the coincidence by which Lewis got to know Tversky’s family including access to his papers. To answer questions about The Undoing Project: A Friendship That Changed Our Minds, please sign up. He has attempted the same here about Tversky and Kahneman. Early on Lewis reminds us of the folly of our never-ending desire to have experts who know things with “certainty”. It reminded us all we’re all humans and we must work to overcome envy and jealousy 4. I enjoy a book or article that uses statistics and/or facts to cause me to ponder things from a different perspective. -. In essence, they argued that departures in human rational thought can be predicted and its impacts calculated. but perhaps missing something important to you, Reviewed in the United States on April 5, 2017. But reading about academics who challenge conventional wisdom in the field of psychology is ... less interesting than financial traders who short the mortgage market, or adopt. (1 1/2) Double expresso....check. Ultimately, though, it is the story of two unlikely, deeply connected friends who changed the way we think about the way we think.
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