(photo cred. http://ignorelimits.com/the-25-cognitive-biases-explained/)

“Munger is a multidisciplinary rational machine. Read the Almanack and buy copies for your kids. Learn from him.” -George Sotiriou

25 Cognitive Biases

1.Reward and Punishment

2.Liking/Loving

3. Disliking/Hating

4. Doubt/Avoidance

5. Inconsistency/Avoidance

6.Curiosity

7. Kantian Fairness

8. Envy/Jealousy

9.Reciprocation

10. Influence-From-Mere-Association

11.Pain-Avoiding Denial

12. Excessive Self Regard

13. Over-Optimism

14. Deprival-Super Reaction

15. Social Proof

16. Contrast-Misreaction

17. Stress-Influence

18. Availability-Misweighing

19.Authority-Misinfluence

20. Twaddle Tendency

21. Reason-Respecting

22.Lollapalooza

23.Take Action

24. Resources

25…

DOWNLOAD THE PDF! charliemunger-biases-simmons-chew-final (3)