Behavioral Finance

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.

How Overconfidence Destroys an Investor? Charlie Munger's Answer Charlie Munger believes that Overconfidence Tendency is one of the primary psychological biases leading to major misjudgments in humans...

Charlie Munger on Confirmation Bias: The Number One Villain That Must Be Destroyed in Investing Charlie Munger views "Confirmation Bias" as one of the most destructive tendencies in human thinking, pa...

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.

How Does Charlie Munger Respond to Market Panic and Collective Emotion? Charlie Munger views market panic and collective irrationality as opportunities, not disasters.