Career · Modern investor letters
Charlie Munger:Munger's 1994 USC Talk, Additional Excerpt 17
Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· USC Business School, 1994 · Leadership · Cognition · Human nature
CBS provides an interesting example of another rule of psychology—namely, Pavlovian association. If people tell you what you really don't want to hear what's unpleasant—there's an almost automatic reaction of antipathy. You have to train yourself out of it. It isn't foredestined that you have to be this way. But you will tend to be this way if you don't think about it.
Source:
https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator:Archived transcript, additional excerpt 17 · Verified:2026-10-19 · Verification:Short excerpt
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