In Poor Charlie's Almanack, Charlie Munger lays out 25 psychology-based tendencies that can mislead.

In this video we explore Reciprocation Tendency, along with errors that result from it and antidotes to mitigate those errors.

Shout out to Farnam Street for assembling this blog post on Reciprocation Bias: https://fs.blog/reciprocation-bias/

Want to buy the book? You can do so here with net proceeds from sales benefitting The Munger Research Center of the Huntington Library in San Marino, California: https://www.poorcharliesalmanack.com/...