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15min chapter
TIP571: Charlie Munger & The Psychology of Human Misjudgment
We Study Billionaires - The Investor’s Podcast Network
Psychology of Human Misjudgment: Self-Interest and Incentives
In this chapter, they discuss the psychology of human misjudgment relating to self-interest and incentives. They highlight the impact of rewards that feel controlling and the importance of personal discovery in persuasion. They also emphasize the need for decision-makers to be accountable for their actions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode