Behavioral Finance

Under Charlie Munger's psychological framework, the "Social-Proof Tendency" is one of the key biases leading to irrational behavior and poor decision-making.

What Are Munger's Predictions on Psychological Barriers to AI-Assisted Investing? Hey there! I'm a huge fan of Munger and love studying his investment philosophy and perspectives on behavioral psychol...

Charlie Munger's View on Emotion-Driven Stock Market Predictions Charlie Munger holds an attitude of utter contempt and complete dismissal towards emotion-driven stock market predictions.

The core reason why Charlie Munger repeatedly emphasizes avoiding extreme emotions is that extreme emotions are the archenemy of rationality. They directly trigger and amplify various cognitive biases...

Here is the translated content in English, maintaining the original markdown format: Ha, this question hits the nail on the head! Graham's The Intelligent Investor is practically the Bible for avoidin...

Hey there, friend, that’s an excellent question you've asked—one that really hits on one of the core secrets in the world of investing. Many people assume that making money in the stock market require...

Bro, you've hit the nail on the head. This is practically one of the ultimate questions every investor encounters. The market's "overreaction," to put it simply, is the concentrated manifestation of c...

Here is the translation: No problem, this is a fascinating topic. Benjamin Graham is essentially the father of value investing. What's remarkable is that decades before the term "behavioral finance" b...

Okay, friend, let's talk about this down-to-earth topic – how to manage yourself when investing and not get swept up in the crowd frenzy. This is easier said than done.

Okay, let's discuss this topic. Who Is the Investor's Greatest Enemy? You might think it's the volatile market, cunning institutions, or sudden "black swan" events.

Bro, Stay Calm! Some "Hard Truths" for Aggressive Investors Reading your question feels like looking in a mirror of my past self. As aggressive investors, we’re driven by that fire—eager to outperform...

Hey friend! Great to chat about this topic—it's one of the most classic and core concepts in value investing. The idea of "Mr. Market" was introduced by Benjamin Graham, the "Godfather of Wall Street,...

Okay, this question is a classic and a compulsory lesson in every investor's growth journey. Let's talk about this topic in plain language. Treat "Mr.

Sure, let's chat about this topic. Imagine you decide to shop at a huge, bustling outdoor market. The prices of goods here fluctuate every second – one minute an apple might cost 5 dollars, the next i...

Application of "The Chains of Habit Are Too Light to Be Felt Until They Are Too Heavy to Be Broken" to Bad Investment Habits This phrase vividly depicts the formation of habits: initially as light cha...

Why Is It Advised for Ordinary Investors Not to Check Market Conditions Frequently? Frequent monitoring of market conditions may negatively impact the decision-making of ordinary investors, particular...

Analysis of the Sources of Warren Buffett's Emotional Control The core of Warren Buffett's investment philosophy, "Be fearful when others are greedy and greedy when others are fearful," originated fro...

Is "Institutional Imperative," the Tendency to Imitate Others, Wall Street's Greatest Enemy? Concept Explanation The "Institutional Imperative," a term coined by Warren Buffett in his shareholder lett...

Why Does Munger Advise Staying Away from "Emotional Traders"? Hey there! I've been around the investment world for a few years and have always admired the wisdom of Munger and Buffett.

How Does Charlie Munger View the Impact of Social Media on Investment Behavior? While Charlie Munger never systematically elaborated at length specifically on the topic of "social media," based on the...