Collection: Charlie Munger

Charlie Munger: Avoid Perverse Incentives System & Associations. | USC 2007【C:C.M Ep.167】

Charlie Munger: Avoid Perverse Incentives Syste...

  [Transcript] CHARLIE MUNGER: Another thing: perverse incentives. You don’t want to be in a perverse incentive system that’s causing you to behave more and more foolishly or worse and worse....

Charlie Munger: Avoid Perverse Incentives Syste...

  [Transcript] CHARLIE MUNGER: Another thing: perverse incentives. You don’t want to be in a perverse incentive system that’s causing you to behave more and more foolishly or worse and worse....

Charlie Munger: "Self-Serving Bias, you want to Get Out of yourself ." | USC 2007【C:C.M Ep.166】

Charlie Munger: "Self-Serving Bias, you want to...

  [Transcript] CHARLIE MUNGER: Another thing, of course, that does one in is the self-serving bias to which we are all subject. You think that your little me is entitled to...

Charlie Munger: "Self-Serving Bias, you want to...

  [Transcript] CHARLIE MUNGER: Another thing, of course, that does one in is the self-serving bias to which we are all subject. You think that your little me is entitled to...

Charlie Munger: "Avoid Extremely Intense Ideology..." | USC 2007【C:C.M Ep.165】

Charlie Munger: "Avoid Extremely Intense Ideolo...

  [Transcript] CHARLIE MUNGER: Another thing I think should be avoided is extremely intense ideology because it cabbages up one’s mind. You’ve seen that. You see a lot of it on...

Charlie Munger: "Avoid Extremely Intense Ideolo...

  [Transcript] CHARLIE MUNGER: Another thing I think should be avoided is extremely intense ideology because it cabbages up one’s mind. You’ve seen that. You see a lot of it on...

Charlie Munger: "Inversion; Problem Solving in Reverse." | USC 2007【C:C.M Ep.164】

Charlie Munger: "Inversion; Problem Solving in ...

  [Transcript] CHARLIE MUNGER: Another idea that I got — and it was encapsulated by the story that Dean recounted about the man who wanted to know where he was going...

Charlie Munger: "Inversion; Problem Solving in ...

  [Transcript] CHARLIE MUNGER: Another idea that I got — and it was encapsulated by the story that Dean recounted about the man who wanted to know where he was going...

Charlie Munger: "I’m really following a very key idea of Marcus Tullius Cicero." | USC 2007【Ep.163】

Charlie Munger: "I’m really following a very ke...

  [Transcript] CHARLIE MUNGER: Another idea, and by the way, when I talk about this multidisciplinary attitude I’m really following a very key idea of the greatest lawyer of antiquity, Marcus...

Charlie Munger: "I’m really following a very ke...

  [Transcript] CHARLIE MUNGER: Another idea, and by the way, when I talk about this multidisciplinary attitude I’m really following a very key idea of the greatest lawyer of antiquity, Marcus...

Charlie Munger: Don't be a Perfect Damn Fool. | USC 2007【C:C.M Ep.162】

Charlie Munger: Don't be a Perfect Damn Fool. |...

  [Transcript] CHARLIE MUNGER: Another idea that was hugely useful to me was that I listened in law school when some wag said, “A legal mind is a mind that when...

Charlie Munger: Don't be a Perfect Damn Fool. |...

  [Transcript] CHARLIE MUNGER: Another idea that was hugely useful to me was that I listened in law school when some wag said, “A legal mind is a mind that when...