The human brain's instant reaction mechanism processes salient information in just a fraction of a second, which makes it susceptible to the toxic mix of rapid information dissemination through social media and the internet. Without systematic mechanisms to discern good information from bad, reliable information from propaganda, society is at risk of suffering, as noted by Charle Munger at the Daily Journal meeting in Los Angeles.
WSJ columnist Jason Zweig and I tackle important topics like how to be a smarter investor, filtering out noise, why philosophy and history matters, and his new book, The Devil’s Financial Dictionary.
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