Collection: Charlie Munger
Charlie Munger on Human Mind is a lot like Huma...
[Transcript] CHARLIE MUNGER: Fourth, and this is a superpower in error-causing psychological tendency, bias from consistency and commitment tendency, including the tendency to avoid or promptly resolve cognitive...
Charlie Munger on Human Mind is a lot like Huma...
[Transcript] CHARLIE MUNGER: Fourth, and this is a superpower in error-causing psychological tendency, bias from consistency and commitment tendency, including the tendency to avoid or promptly resolve cognitive...
Charlie Munger on Incentive-Cause Bias. | Harva...
[Transcript] CHARLIE MUNGER: Third. Incentive-cause bias, both in one’s own mind and that of one’s trusted advisor, where it creates what economists call agency costs. Here, my early experience was...
Charlie Munger on Incentive-Cause Bias. | Harva...
[Transcript] CHARLIE MUNGER: Third. Incentive-cause bias, both in one’s own mind and that of one’s trusted advisor, where it creates what economists call agency costs. Here, my early experience was...
Charlie Munger on Psychological Denial. | Harva...
[Transcript] CHARLIE MUNGER: My second factor is simple psychological denial. This first really hit me between the eyes when a friend of our family had a super-athlete, super-student son who...
Charlie Munger on Psychological Denial. | Harva...
[Transcript] CHARLIE MUNGER: My second factor is simple psychological denial. This first really hit me between the eyes when a friend of our family had a super-athlete, super-student son who...
Charlie Munger: First Standard Causes of Human ...
[Transcript] CHARLIE MUNGER: First. Under recognition of the power of what psychologists call reinforcement and economists call incentives. Well, you can say, “Everybody knows that.” Well, I think I’ve been...
Charlie Munger: First Standard Causes of Human ...
[Transcript] CHARLIE MUNGER: First. Under recognition of the power of what psychologists call reinforcement and economists call incentives. Well, you can say, “Everybody knows that.” Well, I think I’ve been...
Charlie Munger on Human Misjudgment. | Harvard ...
[Transcript] CHARLIE MUNGER: Well, I am very interested in the subject of human misjudgment, and Lord knows I’ve created a good bit of it. I don’t think I’ve created my...
Charlie Munger on Human Misjudgment. | Harvard ...
[Transcript] CHARLIE MUNGER: Well, I am very interested in the subject of human misjudgment, and Lord knows I’ve created a good bit of it. I don’t think I’ve created my...