Poor Charlie's Almanack（Talk 11

阅读内容: 《穷查理宝典》 Poor Charlie's Almanack---Talk Eleven

The Psyohology of Human Misjudgment

Summary

This talk are the selections from three of Charlie's talks, combined into one talk never made, after revisions by Charlie in 2005 that included considerable new material.

The talk features Charlie's original concept of "behavioral finance," which has now burgeoned into its own academic field of study.

Charlie also addresses the importance of recognizing patterns to determine how humans behave, both rationally and irrationally. He shares with us his checklist of twenty-five standard causes of human misjudgment, which contains observations that are ingenious, counterintuitive, and important- values Charlie treasures in the work of other great thinkers throughout hisrory. He also emphasizes the "lollapalooza" power of psychological misjudgments in combination.

One: Reward and Punishment Superresponse Tendency

Two: Liking/Loving Tendency

Three: Disliking/HatingTendency

Four: Doubt-Avoidance Tendency

Five: Inconsistency-Avoidance Tendency

Six: Curiosity Tendency

Seven: Kantian Fairness Tendency

Eight: Envy/Jealousy Tendency

Nine: Reciprocation Tendency

Ten: Inffuence-from-Mere-Association Tendency

Eleven: Simple, Pain-Avoiding psychological Denial

Twelve: Excessive Self-Regard Tendency

Thirteen: Overoptimism Tendency

Fourteen: Deprival-Superreaction Tendency

Fifteen: Social-Proof Tendency

Sixteen: Contrast-Misreaction Tendency

Seventeen: Stress-Influence Tendency

Eighteen: Availability-Misweighing Tendency

Nineteen: Use-It-or-Lose-It Tendency

Twenty: Drug-Misinfluence Tendency

Twenty-One: Senescence-Misinfluence Tendency

Twenty-Two: Authority-Misinfluence Tendency

Twenty-Three: Twaddle Tendency

Twenty-Four: Reason-Respecting Tendency

Twenty-Five: Lollapalooza Tendency-The Tendency to Get Extreme consequences from confluences of psychological Tendencies Acting in Favor of a Particular outcome