Charlie Munger

"Smart People Also Do Stupid Things": Charlie Munger's In-Depth Analysis Charlie Munger does not view the seemingly paradoxical phenomenon of "smart people doing stupid things" as a rare accident, but...

Charlie Munger's Core Methodology for Assessing the "Price vs. Value" Gap Charlie Munger's approach to assessing the gap between price and value does not rely on a single mathematical formula or finan...

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

The Exploitation of Reciprocity Bias in Sales and Politics "Reciprocity Bias," a key psychological tendency highlighted by Charlie Munger in Poor Charlie's Almanack, refers to a deeply ingrained behav...

查理·芒格在其著名的演讲《人类误判心理学》(The Psychology of Human Misjudgment) 中，系统地阐述了他总结的25种心理倾向（或称心理偏差模型）。这些模型是他用来分析复杂商业问题和做出明智决策的重要工具。 以下是这25种心理偏差模型的列表： 查理·芒格的25种心理倾向 奖励和惩罚超级反应倾向 (Reward and Punishment Superrespon...

How Charlie Munger Uses "Opportunity Cost" in Investment Decisions: A Core Mental Filter Charlie Munger regards "opportunity cost" as the most fundamental and central principle in investment decision-...

Why Does Charlie Munger Advocate "Concentrated Investing"? Isn't This Strategy Riskier? Charlie Munger advocates "concentrated investing" because he believes that for a capable investor, concentrated ...

Charlie Munger places such high value on mathematical and engineering thinking because he believes these two modes of thought form the bedrock of "Worldly Wisdom" and rational decision-making.

Was the investment in BYD Buffett's decision or Munger's decision? The investment in BYD was primarily Charlie Munger’s decision. In 2008, Munger conducted in-depth research on BYD and strongly recomm...

Why Did the Acquisition of See's Candies Have a Profound Impact on Buffett and Munger's Investment Philosophy? In 1972, Berkshire Hathaway acquired See's Candies for $25 million.

Okay, let's talk about this topic. When it comes to Charlie Munger, many people's first thought is "Warren Buffett's golden partner" or "investment guru.

Okay, let's talk about this fascinating question. Charlie Munger: The Lifelong Struggle Between Reason and Instinct Regarding this question, my answer is: Yes, Munger firmly believed that reason can,...

Okay, let's talk about how the old man, Charlie Munger, views the current education system. If you've seen Munger's speeches or read his books, you'll know he's blunt and gets straight to the point.

Okay, here is the translation of the provided content into English, maintaining the original Markdown format: Answer: Okay, regarding this question, I'll share my understanding.

Hello there! Talking about how Charlie Munger handles liquidity crises is a great question. Actually, the brilliance of Munger's wisdom lies not in figuring out how to "respond" after a crisis hits, b...

Okay, let's talk about this. This is an excellent question because it directly addresses a core, yet often misunderstood, practice in value investing.

Charlie Munger's Views on Wealth Inheritance Hey, you asked whether Charlie Munger advocates leaving wealth to descendants. Let me break down my understanding.

Why Is Charlie Munger So Bullish on BYD? Hey there! I'm a seasoned investor who loves digging into the stories of Warren Buffett and Charlie Munger.

Charlie Munger's Investment Mistakes: Misjudging "Good Companies" and Learning from Them Hey there! I've spent years in the investment world and have a special interest in the stories of Charlie Munge...

Changes in Charlie Munger's Views on AI Hey there! I'm a long-time follower of Munger and Buffett's investment philosophy, and I love reading their shareholder letters and meeting transcripts.