Daniel Kahneman on Investing: Luck Vs. Skill

I have Daniel Kahnemann’s book Thinking Fast and Slow, but have yet to read it. Judging from the positive reviews and his past work, it sounds like it should be pretty good. Kahnemann was on CNBC last week discussing some themes from his book and skill and luck in the world of investing. The video is below. Take a look.

Also see “Daniel Kahneman: How cognitive illusions blind us to reason” from this Saturday’s Guardian and Jonah Lehrer’s recent piece “Is Self-Knowledge Overrated?“.

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