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In Chapters 71-80, Dobelli shows how oversights, ego, and misplaced certainty narrow perception and distort judgment. He opens with “Why It’s Never Just a Two-Horse Race: Alternative Blindness,” describing the tendency to reduce complex decisions to two options while overlooking better ones and urging readers to resist such false dilemmas. “Forget about the rock and the hard place, and open your eyes to the other, superior alternatives” (153), he writes, capturing the essence of strategic clarity: Creativity begins where binary thinking ends. “Why We Take Aim at Young Guns: Social Comparison Bias” extends this idea into the realm of ego, considering the human reluctance to support or hire those more talented than oneself. True progress, Dobelli notes, depends on surrounding oneself with people who challenge, not flatter, one’s limitations.
“Why First Impressions Are Deceiving: Primacy and Recency Effects” discusses the cognitive pattern in which people remember beginnings and endings more vividly than the middle, shaping evaluations in classrooms, boardrooms, and interviews. “Why You Can’t Beat Homemade: Not-Invented-Here Syndrome” warns of the bias against adopting ideas or solutions that originate outside one’s own group, while “How to Profit from the Implausible: The Black Swan” draws on Nassim Taleb to discuss a rare, high-impact event that lies outside normal expectations. Dobelli here reminds readers that history turns not on the predictable but on the improbable but argues that the remedy is resilience and diversification, not prediction. This is an idea that has gained traction in many business texts, driven in part by the upheavals of the early 21st century, but Dobelli extends the lesson to ordinary individuals.
In “Knowledge Is Nontransferable: Domain Dependence,” Dobelli articulates the difficulty of applying expertise or skill acquired in one field to another. The “The Myth of Like-Mindedness: False-Consensus Effect” and “Why You Identify with Your Football Team: In-Group Bias” reveal how social identity and projection distort empathy and reasoning; the former involves the tendency to assume others share one’s beliefs, preferences, or values, while the latter refers to the instinct to favor one’s own group over outsiders. “You Were Right All Along: Falsification of History” shows how memory quietly edits itself to preserve pride and narrative coherence. Finally, “The Difference Between Risk and Uncertainty: Ambiguity Aversion” discusses the tendency to avoid options with unknown probabilities even when they may offer better outcomes, noting that clear thinking depends less on certainty than on composure in uncertainty: “To avoid hasty judgment, you must learn to tolerate ambiguity” (171).



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