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The two thinking styles contrasted are fast thinking versus slow thinking. With fast thinking, we process information quickly, intuitively, automatically, instinctively, life making decisions while driving a car is busy traffic. We react and respond with little thought or consideration.
For most of ours activities, such s conversation, meetings, navigating daily life or grocery shopping, fast thinking is both appropriate and necessary. The consequences are not important such as whether you order a hamburger or a fish patty for lunch. It does not really matter in the great scheme of things.
For many other areas of our lives, slow thinking is more necessary and even essential, if we are to make the right long term decisions that yield the consequences we desire.
The biggest mistake that most people make is that they use fast thinking in making long term, vital decisions where slow thinking is much more appropriate.