Charlie Munger’s 22 Cognitive Biases [Pt. 1]

Charlie Munger’s speech he gave to Harvard Law School students in June 1995, is perhaps the most famous of all his lectures. Munger’s speech focused on the psychology of human misjudgement and has since become known as ‘Charlie Munger on The Psychology of Human Judgement’. Q3 hedge fund letters, conference, scoops etc In the lecture, the billionaire’s speaker outlined the 22 cognitive biases that he believes influence and drive human misjudgment and behavioral economics — which in itself is a vital topic to understand for investors who want to make the most of Mr. Market’s erratic mindset. Over the next…