HackerTube

THE VIDEO SHELF · cognitive biases and decision making

The Psychology of Human Misjudgement - Charlie Munger Full Speech

Audio of Charlie Munger's 1995 Harvard speech on the psychology of human misjudgment, laying out a framework of cognitive biases and mental models for decision making. It covers factors like incentives, social proof and denial.

Watch & explore the libraryYouTube ↗

Why HN readers recommended it

HN regards it as a classic to revisit every few years for improving decisions and self-awareness.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel
BuffettMungerWisdom
Topic
cognitive biases and decision making
Format
talk
Level
general
HN recommenders in dataset
6
HN mentions in dataset
7
Recommendation years in dataset
2014–2023

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

  • Unless you enjoy misery, trolling, and derive satisfaction from forcing other people to make stupid decisions. Personally I'm more than happy losing a bid if I make someone else suffer winner's curse just because they are blinded by escalation of commitment and a long list …

    rasz_pl on Hacker News · 2016-06
    In Johann Wolfgang von Goethe, Amateur Auction Theorist

  • You can also listen to him giving this speech here: [VIDEO] I revisit this material every couple years. It's so easy to fall into these traps in your thinking.

    eigenvalue on Hacker News · 2016-07
    In The Psychology of Human Misjudgment (2005) [pdf]

  • Develop an intuitive understanding of the key mental models mentioned by Charlie Munger in his classic speech given to a Harvard class 25 years ago: "The Psychology of Human Misjudgment," by Charlie Munger [VIDEO] [LINK] If I may paraphrase Mr. Munger, you never want to …

    cs702 on Hacker News · 2020-08
    In Ask HN: What are some available force multipliers that most people don't know?

Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.

Keep exploring