Psychology

How Does "Loss Aversion" Psychology Affect Investment Decisions? What Are Charlie Munger's Insights? I. What is "Loss Aversion"? Loss Aversion is a core concept in behavioral economics, proposed by p...

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...

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...

Charlie Munger's "Commitment and Consistency Bias": Why Do We Stick to Mistakes? Charlie Munger, in his famous talk on "The Psychology of Human Misjudgment," identified Commitment and Consistency Bias...

How Does Charlie Munger Explain the "Authority Bias"? Please Provide Examples. In his famous lecture on "The Psychology of Human Misjudgment," Charlie Munger refers to "authority bias" as the Authorit...

Charlie Munger on "Incentive-Caused Bias" and Its Harm to Corporate Decision-Making Charlie Munger regarded "Incentive-Caused Bias" as one of the most powerful and dangerous cognitive biases humans po...

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 Does Charlie Munger View the Idea That "Human Flaws Are Systemic Issues"? Charlie Munger not only fully agrees with the idea that "human flaws are systemic issues," he even considers this perspect...

Why Does Charlie Munger Consider "Incentives" the Cornerstone of Human Knowledge? Charlie Munger repeatedly emphasizes the critical importance of understanding "incentives" because he believes incenti...

Charlie Munger's Core Critique of the "Evolutionary Constraints of the Brain" One of Charlie Munger's key insights is the profound recognition that the human brain is not a perfectly rational machine ...

Does Holding Bitcoin Change How You Think? Hey, I've been into Bitcoin for several years. I started out of curiosity, just dipping my toes in with a small purchase.

Lieutenant Dan's Character Arc Lieutenant Dan's character arc is a profound psychological transformation from despair and anger to acceptance and rebirth.

The Effects of Matcha on Alleviating Anxiety or Stress Matcha is a powdered green tea originating from Japan, rich in various active compounds that may positively alleviate mild anxiety or stress.

Long-Term Psychological Benefits of Aromatherapy for Radiotherapy Survivors Aromatherapy is a complementary therapy that utilizes plant essential oils (such as lavender and citrus) absorbed through ol...

Psychological Benefits of Combining Aromatherapy with Mindfulness During Radiation Therapy Patients undergoing radiation therapy often face psychological challenges such as anxiety, fear, and mood swi...

How Aromatherapy Helps Patients Cope with Fear During Radiation Therapy Aromatherapy is a natural therapy that utilizes plant essential oils to influence physical and mental health through the olfacto...

How to Create Your Personalized "Aromatic Toolkit" for Daily Mind-Body Wellness Management What is an Aromatic Toolkit? An Aromatic Toolkit is a personalized collection of tools designed to manage phy...

Application of Aromatherapy in Psychotherapy Psychologists or psychotherapists utilize aromatherapy as an adjunctive tool, leveraging the scents of essential oils to influence emotional and physiologi...

Mechanism Overview Fragrances activate the brain's olfactory system (e.g., olfactory bulb and olfactory cortex), triggering pleasurable emotions and subsequently inducing placebo effects that produce ...