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Here's the text of Munger's speech: http://www.loschmanagement.com/Market%20Comment/Client%20Letters/Client%20Letters%202003/client_letter_April_2003.htm http:/

Here's the text of Munger's speech: http://www.loschmanagement.com/Market%20Comment/Client%20Letters/Client%20Letters%202003/client_letter_April_2003.htm http://www.loschmanagement.com/Market%20Comment/Client%20Let... It is well worth a read.

csallen 14y ago
He actually revised the entire speech, added a few more principles, and turned it into a formal essay called "The Psychology of Human Misjudment". I'm not sure if it's online, but it appears as the last chapter in Poor Charlie's Almanack.
- kabuks 14y ago
  Found a copy here: http://law.indiana.edu/instruction/profession/doc/16_1.pdf http://law.indiana.edu/instruction/profession/doc/16_1.pdf