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

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

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/...