Psychology of Human Misjudgement - Charlie Munger
The Most Eye Opening 45 Minutes Of Your Life — Charlie Munger's Legendary Speech
Rationality is moral ability. https://www.youtube.com/watch?v=-WIMDG6Gd6I
The book "The Art of Clear Thinking" goes in depth with a-lot of the misjudgments he talks about in this video.
The Psychology of Human Misjudgement - Charlie Munger Full Speech
Contents Charlie’s Reason for Interest in Psychology,
Bias 1: Reward and Punishment Superresponse Tendency
Bias 2: Liking/Loving Tendency
Bias 3: Disliking/Hating Tendency
Bias 4: Doubt-Avoidance Tendency
Bias 5: Inconsistency-Avoidance Tendency
Bias 6: Curiosity Tendency
Bias 7: Kantian Fairness Tendency
Bias 8: Envy/Jealousy Tendency
Bias 9: Reciprocation Tendency
Bias 10: Influence-from-Mere-Association Tendency
Bias 11: Simple, Pain-Avoiding Psychological Denial
Bias 12: Excessive Self-Regard Tendency
Bias 13: Overoptimism, Tendency
Bias 14: Deprival-Superreaction Tendency
Bias 15: Social-Proof Tendency
Bias 16: Contrast-Misreaction Tendency
Bias 17: Stress and Influence Tendency
Bias 18: Availability-Misweighing Tendency
Bias 19: Use-It-or-Lose-It Tendency
Bias 20: Drug-Misinfluence Tendency
Bias 21: Senescence-Misinfluence Tendency
Bias 22: Authority-Misinfluence Tendency
Bias 23: Twaddle Tendency
Bias 24: Reason-Respective Tendency
Bias 25: Lollapalooza Tendency
Transcript
Follow along using the transcript.
Here is the link to the speech Charlie Munger gave on this back in 1995 at Harvard. It's worth listening to it several times. It has helped me immensely. I have listened to it over 20 times, and each time I learn something new.https://youtu.be/Jv7sLrON7QY?si=6tL4Ntxrn1VH74wm Shengwen Calvin Li, PhD,EIC,FRSB,FRSM FedEx-Sounding Board: pay per shift rather than pay per hour.“???????????????????????? ????????????????????????????, ???????????? ???????????? ???????????? ???????? ????????????????” they told the staff.