Home invest in investing living frugal what to invest in "The Psychology of Human Misjudgement" is a talk given by Charlie Munger in 1995. In this talk, Munger discusses a series of 25 Cognitive Biases that induce human misjudgment and provides some of his famous mental models to counter this innate behavior.

"The Psychology of Human Misjudgement" is a talk given by Charlie Munger in 1995. In this talk, Munger discusses a series of 25 Cognitive Biases that induce human misjudgment and provides some of his famous mental models to counter this innate behavior.

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“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.” - Charlie Munger

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Submitted October 17, 2017 at 11:26AM by mgdo http://ift.tt/2zfwHzu

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"The Psychology of Human Misjudgement" is a talk given by Charlie Munger in 1995. In this talk, Munger discusses a series of 25 Cognitive Biases that induce human misjudgment and provides some of his famous mental models to counter this innate behavior.

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