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The Best Decision-Making Book I’ve Read

I recently finished reading What Intelligence Tests Miss. It was the best book I’ve read on decision-making, and I’ve read several other books on this topic. The others were all good, but this is the first book that dove deep into the outsize impact that rationality has on decision-making and the differences between IQ and rationality. It explains in great detail why people with extremely high IQs sometimes make irrational (i.e., stupid) decisions. I also found its taxonomy of reasoning errors a helpful visual. It explains what causes bad decisions (cognitive bias) and how to catch them so you can identify and correct bad thinking during your decision-making process.

I want to make sure I retain and apply what I read in this book, so I’m challenging myself. I want to create a digest of this book and use it to write a post that synthesizes what I learned.

After I’ve read a book, I always get a lot out of creating a digest and using it to synthesize what I learned in a post, but it takes a ton of time and energy, which is why I haven’t done one in a few months. But this book has me excited, and I think it’s worth the time and effort.

My goal is to have both the digest and the synthesizing post done by the end of the month. Wish me luck!

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Connected Books
What Intelligence Tests Miss

2009

Framework

by

Keith E. Stanovich

2009

April 2026

A framework book that explains how rational thinking differs from IQ, and why rationality is more important. The book argues that IQ measures only part of human cognitive ability and doesn't measure the rational thinking skills that actually drive good decisions. The author introduces the concept of dysrationalia (smart people making stupid decisions) and builds a detailed taxonomy of reasoning errors that explains what causes those bad decisions and how to correct them. The most interesting of these are mindware gaps and contaminated mindware.