A person with a strong self-serving bias may have little capacity to assess a situation objectively.

In his speech, The psychology of human misjudgment, Charlie Munger considers the tendencies of serious criminals in Tolstoy's novels.

The criminals defend themse...

On a personal level, Charlie Munger suggests we should face two facts:

1. Correctable, but unfixed bad performance is bad character and may make more of itself and cause more damage.
2. In demanding places, like sports teams, excuses and bad behaviour will prevent...

Denial happens when we have a serious thought about reality but decide to ignore it. For example, discovering a dark spot on your skin that you want to ignore. Later, it becomes darker, and eventually, you may visit the doctor. Some denial may serve as a buffer to absorb the ...

Our self-esteem is vital for personal well-being and happiness. People with higher self-esteem are more satisfied with their lives.

But sometimes, life doesn't give us any reasons for self-love. We get fired, or a relationship ends. Under the influence of bias from self-interest, ...

We go to great lengths to preserve our self-image, even when we engage in behaviours that are inconsistent with our inner self-image. We may use phrases such as "not telling the truth is not lying", "I didn't have the time" to justify our actions.

The drive to save face is...