Collection: Charlie Munger

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...
[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 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 ...
[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 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. |...
[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...