Psychology of Misjudgments - Charlie Munger

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  • [[Psychology of Misjudgments - Charlie Munger]]
    • He advocates looking out for the most powerful concepts in every discipline and to try to understand them so thoroughly that they become part of our thinking.
    • The importance is to have not just a few, but a broad range of mental models in your head. Otherwise, you risk becoming too attached to one or two and see only what fits them.
    • The moment one starts to combine these mental models and attach one's experiences to them, one cannot help gain what he calls "worldly wisdom"