The Psychology of Bitcoin Misjudgment

Tendencies and Twaddle

Charlie Munger speech — The Psychology of Human Misjudgment

1. Reward and Punishment Superresponse Tendency

2. Liking / Loving Tendency and 3. Disliking / Hating Tendency

4. Doubt-Avoidance Tendency

5. Inconsistency-Avoidance Tendency

6. Curiosity Tendency

7. Kantian Fairness Tendency

8. Eny/Jealousy Tendency

9. Reciprocation Tendency

10. Influence-from-Mere Association Tendency

11. Simple, Pain-Avoiding Psychological Denial

12. Excessive Self-Regard Tendency

13. Overoptimism Tendency

14. Deprival Superreaction Tendency

15. Social-Proof Tendency

16. Contrast-Misreaction Tendency

17. Stress-Influence Tendency

18. Availability-Misweighing Tendency

19. Use-It-or-Lose-It Tendency

20. Drug-Misinfluence Tendency

21. Senescence-Misinfluence Tendency

22. Authority-Misinfluence Tendency

23. Twaddle Tendency

24. Reason-Respecting Tendency

25. Lollapalooza Tendency — The Tendency to Get Extreme Confluences of Psychological Acting in Favor of a Particular Outcome

*For further readings please check out my Table of Contents, Book Recommendations, and Music Recommendations.

Poor Charlie’s Almanack — Peter Kaufman and Ed Wexler

Poor Charlie’s Almanack

Influence — Robert Cialdini


Charlie Munger: The Complete Investor — Tren Griffin

Charlie Munger: The Complete Investor

The Pmarca Blog Archives — Marc Andreessen



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Nicholas Teague

Writing for fun and because it helps me organize my thoughts. I also write software to prepare data for machine learning at Consistently unique.