120 - Charlie Munger - The Psychology of Human Misjudgement
Maven Money Personal Finance Podcast
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Then There's Darwin and the Avoided Confirmation Bias
Darwin changed my life, because i'm a biography nut. I started wearing little hair shirts like darwin to try and train myself out of these subconscious psychological tendencies that cause so many errors. The more people learn about it, the more attenuated the wisdom gets. That's an intrinsically paradoxical kind of wisdom. But we have paradox in mathematics, and we don't give up mathematics. And by the way, the grannies rule, when you apply it to yourself, is sort of a paradox. It still works. You'll have to judge yourself whether that's true. How should the best part psychology and economics interrelate in an enlightened economist mind? Two views.
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