Contrast-Caused Misperceptions In Investing – ValueWalk Premium
Charlie Munger, Charles Munger, Buffett, investing, valuation, history books, reading, research, value investing, Daily Journal Corporation, Berkshire Hathaway, BRK, Wesco Financial Corporation, conglomerate, valuewalk, famous Investor, businessman, philanthropist, Poor Charlie's Almanack, writing, concentrated vs diversified investing

Contrast-Caused Misperceptions In Investing

Part three of a short series on Charlie Munger’s Human Misjudgment Revisited:

 

“The sensation apparatus of man is over-influenced by contrast – it has no absolute scale but it has a contrast scale. And it’s a scale with quantum effects too – it takes a certain percentage chance before it’s noticed. Here the great truth is that cognition mimics sensation. People are manipulating you all day with contrast. If it comes to you in small pieces you’re likely to . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0