2min chapter

The Security Analysis Podcast cover image

Poor Charlie’s Almanac: The Essential Wit & Wisdom of Charlie Munger

The Security Analysis Podcast

CHAPTER

Navigating Psychological Biases and Investment Literature

This chapter reflects on the impact of psychological biases in investment decisions, using General Electric's 1990s performance as a case study. It emphasizes the importance of critical engagement with complex investment literature and the risks of manipulation indicated by consistently beating earnings targets.

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