Saturday, November 25, 2017

Systems thinking with Charlie Munger

I was directed to this paper about "The Psychology of Human Misjudgment" by a posting on herdingcats.

The author is Charlie Munger, a man who is decidedly not a system engineer or a project manager, but nonetheless understands some of the principles of the former.(*)

He writes -- certainly as a systems thinker --  this way:
I became so avid a collector instances of bad judgment that I paid no attention to boundaries between professional territories.

After all, why should I search for some tiny, unimportant, hard-to-find new stupidity in my own field when some large, important, easy-to-find stupidity was just over the fence in the other fellow's professional territory? 

Besides, I could already see that real world problems didn't nearly lie within territorial boundaries. They jumped right across.

And I was a dubious of any approach that, when two things were inextricably intertwined and interconnected, would try and think about one thing and not the other.


(*) Charlie Munger, best known as Warren Buffett's long time business partner, started out as an attorney with a amateur's interest in psychology, and particularly about behaviors that might inform his law practice.

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