Charlie Munger

Charlie Munger On The Psychology Of Human Misjudgment

April 4, 2008

Download Transcript Download Audio 1. Reward and Punishment Superresponse Tendency 2. Liking/Loving Tendency 3. Disliking/Hating Tendency 4. Doubt-Avoidance Tendency 5. Inconsistency-Avoidance Tendency 6. Curiosity Tendency 7. Kantian Fairness Tendency 8. Envy/Jealousy Tendency 9. Reciprocation Tendency 10. Influence-from-Mere Association Tendency

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Why Warren Buffett is so successful ?

March 31, 2008

Munger kicked off the session with a speech titled “Why was Warren Buffett & Berkshire Hathaway so successful?” He listed three main factors: – Mental aptitude: “WB [Buffett] is one of the smartest people I know. WB has been extremely interested in investing since he was 10. There is no substitute for having a very [...]

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