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Ebook About An eye-opening look at the ways we misjudge risk every day and a guide to making better decisions with our money, health, and personal livesIn the age of Big Data we often believe that our predictions about the future are better than ever before. But as risk expert Gerd Gigerenzer shows, the surprising truth is that in the real world, we often get better results by using simple rules and considering less information.In Risk Savvy, Gigerenzer reveals that most of us, including doctors, lawyers, financial advisers, and elected officials, misunderstand statistics much more often than we think, leaving us not only misinformed, but vulnerable to exploitation. Yet there is hope. Anyone can learn to make better decisions for their health, finances, family, and business without needing to consult an expert or a super computer, and Gigerenzer shows us how.Risk Savvy is an insightful and easy-to-understand remedy to our collective information overload and an essential guide to making smart, confident decisions in the face of uncertainty.Book Risk Savvy: How to Make Good Decisions Review :
I read and was impressed with the author's book 'Gut Feelings'. This book was a total disappointment becausethe material was almost the same. Different organization, mixed with some different stories but basically thesame material as with the other book. So if you read one book you do not need to read the other. Between the two I recommendthe other book. This book was like a collection of articles about the subject randomly put toghether without any architecture andintegration into a whole. I got the feeling that either publisher tried to make a quick buck or the author tried to proliferate his numberof books in a 'fast and frugal' way. Maybe the 'rule of thumb' is that all that do not matter much for the majority. I am surprized withhigh recommendations written about this book, and than again I am a little bit suspicious about the sincerety of these reviewers!I wish I never read this book and maintained a very high level of impression about the author which I had after reading the 'Gut Feelings'. Risk Savvy is a book in the behavioral economics & decision making genre. Other books in this genre include Thinking Fast and Slow, Predictably Irrational, the Signal and the Noise, works of Nassim Taleb. The book is a distillation of the author's extensive research & consulting experiences. It's very well written. It has a lot of interesting anecdotes and sound advice. It's fun and informative.The core thesis of the book is that heuristics are powerful. Why? For one, they deal with noise (& overfit!) extremely well, which is abundant in modern life. Two, in domains where we know little, a heuristic may give you expert-level performance. The author even suggests developing correct heuristics is essentially what an expert does! So, as an individual, if you work on refining the heuristics you follow, you can make better decisions in life. The book is full of examples and suggestions for various domains.Regarding content, the section on health care was an eye-opener for me. Comparing the medical industry with the financial industry, exposing the statistical illiteracy of doctors & incentives are truly revealing regarding what's wrong with the US health care system. Most important message? Put test results in statistical context. Don't get overtested to avoid the problem of false positives & unnecessary treatments. This book will likely change the way you seek health care.The author's thoughts regarding teaching risk literacy to wide swathes of population are commendable. Decision making, though extremely important, is a skill few of us master. I highly recommend Risk Savvy and the other mentioned works to those who want to make better decisions.PS: I'd like to thank the author for writing a popular book that plays the devil's advocate against the skeptics of human rationality. After reading his arguments, I'm convinced that human beings aren't necessarily irrational, rather we're untrained to make sound decisions in a complex world. This book provides that kind of training. Read Online Risk Savvy: How to Make Good Decisions Download Risk Savvy: How to Make Good Decisions Risk Savvy: How to Make Good Decisions PDF Risk Savvy: How to Make Good Decisions Mobi Free Reading Risk Savvy: How to Make Good Decisions Download Free Pdf Risk Savvy: How to Make Good Decisions PDF Online Risk Savvy: How to Make Good Decisions Mobi Online Risk Savvy: How to Make Good Decisions Reading Online Risk Savvy: How to Make Good Decisions Read Online Gerd Gigerenzer Download Gerd Gigerenzer Gerd Gigerenzer PDF Gerd Gigerenzer Mobi Free Reading Gerd Gigerenzer Download Free Pdf Gerd Gigerenzer PDF Online Gerd Gigerenzer Mobi Online Gerd Gigerenzer Reading Online Gerd GigerenzerBest Lisa Murphy on Play: The Foundation of Children's Learning By Lisa Murphy
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