Charlie Munger: 25 Psychological Biases That Quietly Cause Smart People to Make Bad Decisions
In 1995, Charlie Munger delivered one of the most consequential lectures in the field of practical psychology. His speech, “The Psychology of Human Misjudgment,” identified 25 cognitive biases that cause intelligent people to make consistently poor decisions. Munger spent decades studying human behavior and concluded that most errors in judgment follow predictable patterns. These tendencies […]
