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120 - Charlie Munger - The Psychology of Human Misjudgement

Maven Money Personal Finance Podcast

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What You Think May Change What You Do

In reality, psychological notions and economic notions interplay. Big shot business men get into these waves of social proof. The man who doesn't understand both is a damned fool. What you think may change what you do, but perhaps even more important, what you do will change what you think. I want to tell you, i didn't know it well enough, early enough. This is allowabo losa.

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