Thinking, Fast and Slow

Essential reading for anyone in finance or data analysis. Kahneman's framework on cognitive biases — anchoring, loss aversion, framing effects — directly applies to how we interpret financial data and make business decisions. The insight that our intuitions are systematically flawed transformed how I approach forecasting and risk assessment. This book made me a more skeptical and rigorous analyst. I return to the chapters on regression to the mean and the planning fallacy whenever I need to challenge my own assumptions about projections and targets.