
120 - Charlie Munger - The Psychology of Human Misjudgement
Maven Money Personal Finance Podcast
00:00
The Consciousness of the Human Mind
Unseldine demonstrated this by running around a campus and he asked people to take juvenile delinquents to the zoo. He got three times the success by just going through the little asked for a lot and back off. If you think about the way society is organizeda guy named zembardo had people at stanford divide into two pieces, one with the guards, the other with the prisoners. And they started acting out roles as people expected. After about five days, he was getting into human misery and breakdown and pathological behavior. It's not just reciprocation tendency and roll theory that caused that. It's consistency in commitment, tendency each person as he acted as a guard or prisoner
Transcript
Play full episode