Hey this is part one of the best lectures on Human Psychology of Misjudgment by Charlie.T.Munger It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. There must be some wisdom in the folk saying, `It’s the strong swimmers who drown. ­ Charlie Munger 1. Reward and Punishment Super response 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 11. Simple, Pain-Avoiding Psychological Denial 12. Excessive Self-Regard Tendency 13. Overoptimism Tendency 14. Deprival-Superreaction Tendency 15. Social-Proof Tendency 16. Contrast-Misreaction Tendency 17. Stress-Influence Tendency 18. Availability-Misweighing Tendency 19. Use-It-or-Lose-It Tendency 20. Drug-Misinfluence Tendency 21. Senescence-Misinfluence Tendency 22. Authority-Misinfluence Tendency 23. Twaddle Tendency 24. Reason-Respecting Tendency 25. Lollapalooza Tendency window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-245670258-1');