Charlie Munger's 2-Step Decision Process - Deepstash
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Charlie Munger's 2-Step Decision Process

Charlie Munger's 2-Step Decision Process

An approach to decision making that prevents manipulation:

  1. Understand the forces at play: know what you know and what you don’t know.
  2. Understand how your subconscious might be leading you astray: there are many causes of human misjudgment, including over-confidence.

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The Munger Two Step

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Nothing lasts forever, not even your problems. Stay positive.

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