In 1995, Charlie Munger gave a speech about how the human mind tricks itself into making poor decisions. This is an abridged and animated version of that speech.
Listen to the full unabridged audio here: https://www.youtube.com/watch?v=pqzcCfUglws
Read the full transcript here: https://buffettmungerwisdom.files.wordpress.com/2013/01/mungerspeech_june_95.pdf
A fun little passion project by Tiny (http://tiny.website) with amazing animation by the team at Thinko (http://thinko.com).