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#695: Shane Parrish on Wisdom from Warren Buffett, Rules for Better Thinking, How to Reduce Blind Spots, The Dangers of Mental Models, and More

The Tim Ferriss Show

CHAPTER

Cognitive Biases: Understanding Mistakes and Future Decisions

This chapter explores the complex relationship between cognitive biases and decision-making, focusing on how successful investors manage these biases. It highlights the irony of individuals often talking themselves out of recognizing their own cognitive traps while reflecting on lessons from past mistakes.

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