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9min chapter
TIP571: Charlie Munger & The Psychology of Human Misjudgment
We Study Billionaires - The Investor’s Podcast Network
Free Will and Decision-making
This chapter discusses the idea that people are generally better off acting out of their own free will rather than constantly being given demands, using examples of controlling parents and the Berkshire approach. It emphasizes considering others' incentives and interests, understanding motivations, and includes sponsor ads from Unchained and LinkedIn.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode