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A true investment secret

"The Psychology of Human Misjudgement"

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A real investment secret

Charlie Munger, Warren Buffett's partner, has a simple strategy for making investments:

Avoid mistakes.

How do you do that?

The answer is in this famous talk he gave at Harvard in 1995.

It's not about getting everything right.

It's really about avoiding avoidable mistakes.

How do you do that?

Become aware of predictable errors and be on the lookout for them at all times.

"The Psychology of Human Misjudgement" (1995)