Human Misjudgment

Human Misjudgment

The Psychology of Human Misjudgment, a speech given in 1995 by legendary investor Charlie Munger, opened my eyes to how behavioral psychology can be applied to business and problem-solving.
Munger, for those of you who haven’t heard of him, is the irreverent partner of Warren Buffett at Berkshire Hathaway. He’s offered us such gems as: a two-step process for making effective decisions and the work required to have an opinion.
And this talk on The Psychology of Human Misjudgment is one of the best you’ll ever hear.

Charlie Munger, Farnam Street