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HOW TO MAKE MILLIONS BY MAKING BETTER DECISIONS

BILLIONAIRES GUIDE TO BETTER DECISION MAKING

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  • 394 pages
  • 14 hours of reading

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Have you ever made a decision you later regretted? It’s a common experience—whether buying a car that turns out to be a mistake, marrying someone abusive, or hiring an employee who steals from you. We all want to make better choices, but often feel lost. Evolutionary psychology suggests that our brains evolved to make perfect decisions for the ancient world. However, rapid changes over the last century have left us making decisions as if we lived a thousand years ago, leading to an evolutionary mismatch. For instance, trusting others in groups of 150 can be dangerous today, and decisions based on reciprocity can cost us dearly in modern transactions. This book explores various cognitive biases that affect our decision-making, such as social proof, liking bias, and storytelling bias. By examining these biases, you’ll learn how to avoid being tricked, make smarter decisions, and potentially earn millions. While the ideas are inspired by Charlie Munger’s work, this book is a compilation of various insights rather than a direct work by him. It promises to be a valuable resource for enhancing your decision-making skills.

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HOW TO MAKE MILLIONS BY MAKING BETTER DECISIONS, Charlie Munger

Language
Released
2020
Binding
(Paperback)
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Title
HOW TO MAKE MILLIONS BY MAKING BETTER DECISIONS
Subtitle
BILLIONAIRES GUIDE TO BETTER DECISION MAKING
Language
English
Released
2020
Format
Paperback
Pages
394
ISBN13
9798650491675
Series
Tags
Description
Have you ever made a decision you later regretted? It’s a common experience—whether buying a car that turns out to be a mistake, marrying someone abusive, or hiring an employee who steals from you. We all want to make better choices, but often feel lost. Evolutionary psychology suggests that our brains evolved to make perfect decisions for the ancient world. However, rapid changes over the last century have left us making decisions as if we lived a thousand years ago, leading to an evolutionary mismatch. For instance, trusting others in groups of 150 can be dangerous today, and decisions based on reciprocity can cost us dearly in modern transactions. This book explores various cognitive biases that affect our decision-making, such as social proof, liking bias, and storytelling bias. By examining these biases, you’ll learn how to avoid being tricked, make smarter decisions, and potentially earn millions. While the ideas are inspired by Charlie Munger’s work, this book is a compilation of various insights rather than a direct work by him. It promises to be a valuable resource for enhancing your decision-making skills.