After reading about these mental biases, you’ll probably say that you knew them all along… that’s an example of a mental bias, just what we’ll discuss today.
I recently came across Charlie Munger’s 1995 speech, The Psychology of Human Misjudgment, which introduced me to an explanation of what I’d been doing all my business life – using the power of applying mental tools from a wide array of disciplines and applying these to the business questions I had.… Read more