The Psychology of Human Misjudgement - Charlie Munger Full Speech
Why Hacker News recommends it
HN recommends it as an insightful catalog of the biases that drive bad decisions, and links it often in Munger memorials and self-improvement threads.
What it is
A recording of Charlie Munger's 1995 Harvard speech on the psychology of human misjudgment. He walks through a list of cognitive biases such as incentives, social proof, and overoptimism.
Recommended by 2 HN commenters across 2 different months, 2023 to 2024.
What Hacker News said
Recommends chrisco255 · 2023-01 · on “Today is Charlie Munger's 99th birthday”
I'm not necessarily the biggest Charlie Munger fan, but I think he's got some wisdom and found his 1995 speech he gave on human biases at Harvard to be insightful and interesting: "The Psychology of Human Misjudgment" [this video]
Recommends robocat · 2024-04 · on “So you wanna de-bog yourself”
> they've created a bespoke system of abstract beliefs swatcoder, can you please tell me how you particularly manage to learn from your mistakes? Some people create personal theories of how the world works, and then put their theories into action : A successful example is Charlie Munger and heres his talk explaining some of his excellent theories: [this video] Some people overthink things and label things. That can be unhealthy, and Adam touches on that with his "Stroking the problem" section. But the opposite can be unhealthy too: not thinking at all and repeating over and over making the same mistakes. > catchy names Useful when communicating with others if it is an uncommon concept. I like to
Cites robocat · 2023-02 · on “Mariana Mazzucato: “The McKinseys and the Deloittes have no expertise ””
Charlie used a quote from George Bernard Shaw's play “In the last analysis, every profession is a conspiracy against the laity.” I personally wonder how many therapists say “you’re fixed, I don’t need any more of your money”. The quote on management consultants was just one example of how many professionals act this way towards businesses, and how it wasn't only about money but also a subconscious, psychological tendency. “The guy tells you what is good for him, and he doesn’t recognize that he’s doing anything wrong any more than that doctor did when he was pulling out all those normal gallbladders.” [this video] Transcript: [LINK]
Cites mdp2021 · 2023-11 · on “Charlie Munger has died”
That linked is the revised version A transcript of the original speech at Harvard, June 1995, should be e.g. at [LINK] A recording of the original speech is at [this video]
Cites msolujic · 2023-11 · on “Psychology of Human Misjudgment (Transcript) by Charlie Munger”
A transcript of the original speech at Harvard, June 1995, should be e.g. at [LINK] ... A recording of the original speech is at [this video]