Decision Making

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Questions for Decision Making (25)
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What is the relationship between safety margin and risk management?
Updated At
8/17/2025
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'What cannot be measured is still important' — How did Charlie Munger elaborate on this concept?
Updated At
8/17/2025
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Who is an investor's biggest enemy?
Updated At
8/17/2025
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How does the 'Commitment and Consistency Bias' mentioned by Charlie Munger cause people to persist in their mistakes?
Updated At
8/17/2025
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Should I tell my family and friends immediately, or should I process it myself first?
Updated At
8/17/2025
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Why does Charlie Munger emphasize that 'bad habits are more dangerous than bad decisions'?
Updated At
8/17/2025
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Why did Charlie Munger emphasize the importance of considering opposing viewpoints?
Updated At
8/17/2025
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How did Charlie Munger hedge against human nature in business management?
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8/17/2025
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Why does Charlie Munger emphasize avoiding extreme emotions?
Updated At
8/17/2025
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How does Charlie Munger use system design to counteract cognitive biases?
Updated At
8/17/2025
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What is Charlie Munger's view on pre-mortem analysis, and how does it combine with the concept of inversion?
Updated At
8/17/2025
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Charlie Munger believed we live in an 'increasingly foolish world.' Did he offer any solutions or advice?
Updated At
8/17/2025
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What is the core meaning of Charlie Munger's quote, "You don't have to be very smart, you just have to make fewer mistakes than others"?
Updated At
8/17/2025
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Why does Charlie Munger oppose relying on intuition for decision-making?
Updated At
8/17/2025
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How do Charlie Munger and Warren Buffett divide responsibilities for major investment decisions, and how do they handle disagreements?
Updated At
8/17/2025
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What is the thinking model behind Charlie Munger's quote, 'All I want to know is where I'm going to die, so I'll never go there.'?
Updated At
8/17/2025
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How to Relearn to Trust Your Intuition and Judgment?
Updated At
8/17/2025
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Charlie Munger once said, 'A very few great opportunities determine your life.' How can we identify these opportunities in reality?
Updated At
8/17/2025
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Why are budgeting systems believed to stifle corporate creativity and rational decision-making?
Updated At
8/17/2025
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Do consumers experience "choice paralysis" when faced with an overwhelming number of options? How can platforms address this issue?
Updated At
8/17/2025