This is part three of a short series outlining the 22 cognitive biases Charlie Munger talked about in his now famous speech, The Psychology of Human Judgement.
Q3 hedge fund letters, conference, scoops etc
Parts one and two contain a brief introduction and biases' one through 12. In this part of the series, I cover Munger's cognitive biases 13 through 21.
13. Bias from chemical dependency
Depending on drink or drugs can influence your decisions in an extremely...

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