(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)