The Good Life Mentor | The 25 Cognitive Biases "The Psychology of Human Misjudgment" by Charlie Munger @TheGoodLifeMentor | Uploaded September 2017 | Updated October 2024, 5 hours ago.
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The Psychology of Human Misjudgement, Charlie Munger (Full Speech)
25 Cognitive Biases and their Application in Life & Business "The Psychology of Human Misjudgment"
The 25 Cognitive Biases Used by Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Buffett has described Munger as “his partner." Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also the chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
BIAS 1: Reward/Punishment Super-Response 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: Over-Optimism Tendency
BIAS 14: Deprival-Superreaction Tendency
BIAS 15: Social-Proof Tendency
BIAS 16: Contrast-Misreaction Tendency
BIAS 17: Stress-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: Authority-Misinfluence Tendency
BIAS 24: Reason-Respecting Tendency
BIAS 25: Lollapalooza Tendency
Must-See Videos on Business, Creativity & Success: goo.gl/ZBS8Te
Instagram: instagram.com/thegoodlifementor
The Psychology of Human Misjudgement, Charlie Munger (Full Speech)
25 Cognitive Biases and their Application in Life & Business "The Psychology of Human Misjudgment"
The 25 Cognitive Biases Used by Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Buffett has described Munger as “his partner." Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also the chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
BIAS 1: Reward/Punishment Super-Response 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: Over-Optimism Tendency
BIAS 14: Deprival-Superreaction Tendency
BIAS 15: Social-Proof Tendency
BIAS 16: Contrast-Misreaction Tendency
BIAS 17: Stress-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: Authority-Misinfluence Tendency
BIAS 24: Reason-Respecting Tendency
BIAS 25: Lollapalooza Tendency