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Revised Psychology of Human Misjudment

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The Psychology of Human Misjudgment The Psychology of Human Misjudgment By Charles T. Munger In the run-up to publishing Poor Charlies Almanack, Charlie Munger remarked that “The Psychology of Human Misjudgment” could use “a little revising” to bring it in line with his most current views on the subject. Little did we know, Charlie’s “little” revision would amount to a full-scale rewrite, with loads of new material, and a “stop-the-press” completion schedule. The talk features Charlie’s original concept of “behavioral finance,” which has now burgeoned into its own academic field of…

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