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Researchers divide the activities of our mind into the following two polarized parts, called System 1 and System 2. System 1 is effortless, automatic, associative, rapid, parallel process, opaque (i.e., we are not aware of using it), emotional, concrete, specific, social, and personalized. System 2 is effortful, controlled, deductive, slow, serial, self-aware, neutral, abstract, sets, asocial, and depersonalized.
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
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