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Charlie Munger: Why Human Misjudgment Explains Every In this 1995 talk at Harvard, Charlie Munger explains how a lifetime of observing patterned human irrationality led him to build his own system of psychology — long before “behavioral economics” became mainstream. Munger discusses: • Human misjudgment • Why traditional economics is incomplete • The influence of psychology on decision-making • How mental models helped him navigate life and investing This framework would later become one of the
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