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Charlie Munger: 24 Standard Causes of Human Misjudgment

Investor Center
451K subscribers

Second Factor Is Simple Psychological Denial

5:43

Sixth Bias from Pavlovian Association Misconstruing Past Correlation as a Reliable Basis for Decision Making

12:05

Persian Messenger Syndrome

13:34

Reciprocation Tendency

20:03

Social Proof

22:45

Efficient Market Theory

24:05

The Power of Reinforcement

24:55

Milgram Experiment

29:51

11 Bias from Deprival Super Reaction Syndrome Including Bias Caused by Present or Threatened Scarcity

31:25

What Happens When the Standard Psychological Tendencies Combine

55:19

The Milgram Experiment

56:19

Mcdonald Douglas Airliner Evacuation Disaster

57:25

Incentive Cause Bias

58:47

Carl Braun's Communication Practices

1:01:42

The Use of Simulators in Pilot Training

1:02:19

The Harvard Business School's Emphasis on Decision Trees

1:04:30

Questions

1:11:46
Charlie Munger: 24 Standard Causes of Human Misjudgment
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34,812Views
2021Apr 5
Charlie munger talks about 24 Standard Causes of Human Misjudgment. This lecture is one of Munger’s most popular lectures ever. He discusses the importance of psychology and the impact it has on someone’s life and their ability to be successful in business. This lecture is from 1995.

Follow along using the transcript.

Investor Center

451K subscribers