The Psychology of Human Misjudgment, by Charlie Munger
My goal in this essay is to help others make better decisions on a potential hire, business partner, or even life partner as quickly and as accurately as possible. It’s made up of suggested action steps and some of the ruminations that underlie them
Graham Duncan Blog • What’s going on here, with this human?
Psychology: Just as you think better if you array knowledge on a bunch of models that are basically answers to the question, why, why, why, if you always tell people why, they'll understand it better, they'll consider it more important, and they'll be more likely to comply. Even if they don't understand your reason, they'll ... See more
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
Man is extremely uncomfortable with uncertainty. To deal with his discomfort, man tends to create a false sense of security by substituting certainty for uncertainty. It becomes the herd instinct. —BENNETT W. GOODSPEED, THE TAO JONES AVERAGES
Brendan Moynihan • What I Learned Losing A Million Dollars
