Скачать или смотреть Charlie Munger’s 25 Cognitive Biases (The Psychology of Human Misjudgment)

This episode explores Charlie Munger's framework on human psychological tendencies that frequently lead to flawed decision-making, particularly in business and investing. It outlines several cognitive biases such as responding strongly to incentives (reward and punishment), being swayed by liking or disliking something, a rush to decide under doubt, clinging to inconsistency, and the influence of authority. The excerpts also discuss how overconfidence, overoptimism, denial, and a strong reaction to loss (deprival) distort judgment. The piece highlights the power of social proof, judging by contrast, and how drugs/senescence impair thinking. Finally, it emphasizes that these tendencies often combine in a "lollapalooza effect," causing extreme outcomes.

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