Cognitive Science

How Does He Evaluate the Conflict Between "High Incentives and High Integrity"? Hey there! I'm an old-timer who enjoys reading Charlie Munger's books.

Classic Cases of Charlie Munger's Behavioral Psychology Insights Hey there! As a fan of Munger, I love diving into his investment philosophy and psychological insights.

"Systemic Deception Stems from Collective Ignorance": What Psychological Mechanisms Are at Play? Hey, I've always been fascinated by behavioral psychology and Charlie Munger's theories on cognitive bi...

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 to Specifically Implement Charlie Munger's Advice on "Multiple Mental Simulations"? Hey, I'm a Munger fan and have practiced many of his ideas in investing and decision-making.

Why Does Charlie Munger Place Such Importance on "Slow Thinking"? Charlie Munger's emphasis on "slow thinking" is deeply rooted in his profound understanding of human cognitive limitations and decisio...

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...

Charlie Munger believes that the root of "gambling-style investing" (or speculation) does not stem from rational calculation, but is deeply embedded in powerful, innate, and often subconscious psychol...

Charlie Munger's Original Contributions to Behavioral Finance Charlie Munger was not a traditional academic researcher but rather a master practitioner who integrated multidisciplinary wisdom—especial...

Charlie Munger's Core Reason for Emphasizing Dissenting Views: Combating Cognitive Biases to Pursue Objective Rationality Charlie Munger repeatedly emphasized the importance of seeking out, understand...

How Does Charlie Munger Use Institutional Design to Overcome Psychological Biases? Charlie Munger deeply understands human irrationality. He believes that merely recognizing the existence of psycholog...

Charlie Munger deeply understood that humans are highly susceptible to various cognitive biases in decision-making, and these "human frailties" are the primary root causes of investment and business f...

Does Munger Believe Education Can Fully Overcome Cognitive Biases? Core Answer: No. Charlie Munger does not believe education can completely overcome cognitive biases.

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...

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...

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...

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 ...

Charlie Munger on the Most Common Barriers to Rational Thinking: The Psychology of Human Misjudgment Charlie Munger believes that the human brain is inherently prone to systematic cognitive defects, w...