The Psychology of Human Misjudgment: Charlie Munger’s 10 Biases That Explain Why Smart People Do Stupid Things

The late Charlie Munger, the longtime vice chairman of Berkshire Hathaway, delivered his famous speech The Psychology of Human Misjudgment at Harvard in 1995. He later expanded it in Poor Charlie’s Almanack into a catalog of 25 cognitive tendencies that push intelligent people toward terrible decisions. Munger spent decades studying why brilliant doctors, lawyers, and […] The post The Psychology of Human Misjudgment: Charlie Munger’s 10 Biases That Explain Why Smart People Do Stupid Things appeared first on New Trader U.

  Business   Jul 20, 2026   0   1  Add to Reading List
The Psychology of Human Misjudgment: Charlie Munger’s 10 Biases That Explain Why Smart People Do Stupid Things












The late Charlie Munger, the longtime vice chairman of Berkshire Hathaway, delivered his famous speech The Psychology of Human Misjudgment at Harvard in 1995. He later expanded it in Poor Charlie’s Almanack into a catalog of 25 cognitive tendencies that push intelligent people toward terrible decisions. Munger spent decades studying why brilliant doctors, lawyers, and […]

The post The Psychology of Human Misjudgment: Charlie Munger’s 10 Biases That Explain Why Smart People Do Stupid Things appeared first on New Trader U.

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