Warren Buffett & Charlie Munger on Staying Rational and Avoiding Confirmation Bias (2002)

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  • Опубликовано: 14 ноя 2024

Комментарии • 26

  • @mattz2729
    @mattz2729 5 лет назад +34

    listen to this twice- it goes deep

    • @brutonano9521
      @brutonano9521 5 лет назад +2

      Ah, you caught on. It's taken me several views of this video to catch on myself. And I'll keep watching this a bit more.

    • @subscribetomyyoutubechanne1543
      @subscribetomyyoutubechanne1543 4 года назад +2

      @@brutonano9521 Same here bro

  • @JamesToler
    @JamesToler Год назад +1

    Please note particularity we own stocks based on our expectation of their long term business performance not because we view them as vehicles for timely market views. We are not a stock pickers, we are business pickers.
    I’m a great admirer of Mr. Buffett and this RUclips channel. Terrific content. Thank you!

  • @beccahollingsworth259
    @beccahollingsworth259 5 лет назад +38

    Never in my life have I ever experienced anything like this.

    • @esh8400
      @esh8400 4 года назад +5

      Mindgasm? Or orgasm?

  • @wirreparierendeinauto4034
    @wirreparierendeinauto4034 4 года назад +6

    I love them and these are really honest people einfach ehrliche Leute findet man heute nicht so oft Danke Warren and Charlie für alles

  • @wealththeory8315
    @wealththeory8315 4 года назад +10

    Peter Lynch was also a master at recognising his own shortcomings. Moral Hazard is what he described it as.

  • @gordongordon98
    @gordongordon98 4 года назад +3

    This was a good one!

  • @EmilioYepez
    @EmilioYepez 4 года назад +4

    It’s called trying to avoid self sabotage

  • @AverageAngel
    @AverageAngel 4 года назад +5

    Hmm interesting, confirmation bias is hard to combat. I guess you have to have systems in place to mitigate the risk; like making a note of an opposing view, or accepting the possibility there is a better way out there. And avoiding having only yes men’s around you

  • @SpartanCL1989
    @SpartanCL1989 2 года назад

    jesus what a loooong question

  • @jonathankr
    @jonathankr 3 года назад

    What is a derivative (accounting) book?

  • @raymondhansen4482
    @raymondhansen4482 3 года назад

    Confirmation bias

  • @raymondhansen4482
    @raymondhansen4482 3 года назад

    Gems

  • @beccahollingsworth259
    @beccahollingsworth259 5 лет назад

    Ain't it the freaking truth BEFUCKELD in bama

  • @poemsandsunsets9920
    @poemsandsunsets9920 3 года назад

    2:09

  • @stevend.bennett427
    @stevend.bennett427 2 года назад +1

    Darwin was not above ego, and he did fool himself by believing adaptation was something else.