Summary and Analysis of Thinking, Fast and Slow Quotes

“Another example might be deciding whether or not to buy an extended warranty. If you just had a bad experience with an electronic device, you might be willing to pay a high premium for an extended warranty. However, statistically, the odds that you’ll need one again could be very low; perhaps you’ve never needed a warranty before in your entire buying history. The risk”
― Worth Books, Summary and Analysis of Thinking, Fast and Slow: Based on the Book by Daniel Kahneman