In this chapter, they discuss Charlie Munger's understanding of human behavior and human foibles. They mention Munger's talk on the psychology of human misjudgment and highlight a quote from him about seeking good judgment by studying instances of bad judgment. They also discuss the importance of learning from the mistakes of others and avoiding getting caught up in groupthink.
Last week, we said goodbye to Charlie Munger, the legendary Vice Chair of Berkshire Hathaway and Warren Buffett's right hand man. Munger was not only a successful investor, but he was one of the business world's most celebrated thinkers on business and human nature.
In a new edition of Weekend Conversations, Robert Glazer and Mick Sloan discuss five of Munger's most valuable insights and reflect on his massive impact.
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