Collection: Charlie Munger
Charlie Munger on Bias from Contrast | Harvard ...
[Transcript] CHARLIE MUNGER: Nine. Bias from contrast caused distortions of sensation, perception, and cognition. Here the great experiment that Cialdini does in his class is he takes three buckets...
Charlie Munger on Bias from Contrast | Harvard ...
[Transcript] CHARLIE MUNGER: Nine. Bias from contrast caused distortions of sensation, perception, and cognition. Here the great experiment that Cialdini does in his class is he takes three buckets...
Charlie Munger on Bias from Over-Influence by S...
[Transcript] CHARLIE MUNGER: Eight. Now, this is a lollapalooza, and Henry Kaufman wisely talked about this, bias from over-influence by social proof, that is, the conclusions of others, particularly under...
Charlie Munger on Bias from Over-Influence by S...
[Transcript] CHARLIE MUNGER: Eight. Now, this is a lollapalooza, and Henry Kaufman wisely talked about this, bias from over-influence by social proof, that is, the conclusions of others, particularly under...
Charlie Munger on Bias from Reciprocation Tende...
[Transcript] CHARLIE MUNGER: Seventh. Bias from reciprocation tendency, including the tendency of one on a roll to act as other persons expect. Well here, again, Cialdini does a magnificent...
Charlie Munger on Bias from Reciprocation Tende...
[Transcript] CHARLIE MUNGER: Seventh. Bias from reciprocation tendency, including the tendency of one on a roll to act as other persons expect. Well here, again, Cialdini does a magnificent...
Charlie Munger on Bias from Pavlovian Associati...
[Transcript] CHARLIE MUNGER: Sixth. Bias from Pavlovian association, misconstruing past correlation as a reliable basis for decision-making. I never took a course in psychology, or economics either for that...
Charlie Munger on Bias from Pavlovian Associati...
[Transcript] CHARLIE MUNGER: Sixth. Bias from Pavlovian association, misconstruing past correlation as a reliable basis for decision-making. I never took a course in psychology, or economics either for that...
Charlie Munger on Human Mind is a lot like Huma...
[Transcript] CHARLIE MUNGER: Fourth, and this is a superpower in error-causing psychological tendency, bias from consistency and commitment tendency, including the tendency to avoid or promptly resolve cognitive...
Charlie Munger on Human Mind is a lot like Huma...
[Transcript] CHARLIE MUNGER: Fourth, and this is a superpower in error-causing psychological tendency, bias from consistency and commitment tendency, including the tendency to avoid or promptly resolve cognitive...
Charlie Munger on Incentive-Cause Bias. | Harva...
[Transcript] CHARLIE MUNGER: Third. Incentive-cause bias, both in one’s own mind and that of one’s trusted advisor, where it creates what economists call agency costs. Here, my early experience was...
Charlie Munger on Incentive-Cause Bias. | Harva...
[Transcript] CHARLIE MUNGER: Third. Incentive-cause bias, both in one’s own mind and that of one’s trusted advisor, where it creates what economists call agency costs. Here, my early experience was...