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The Psychology of Misjudgment and its Effect on Smart Leaders
Charlie Munger, Warren Buffett’s long-time partner, once gave a legendary talk called The Psychology of Human Misjudgment. His central point?It’s not lack of intelligence that ruins decisions. It’s the predictable ways our minds misfire. 1. Incentives Rule the Game Munger said, “Never, ever think about something else when you should be thinking about incentives.” He…
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How Quickly Can You Dismantle Democracy Within an Organization?
Timothy Ryback’s The Atlantic piece, How Hitler Dismantled a Democracy in 53 Days, is a case study in speed and strategy. In less than two months, Germany’s democratic Weimar Republic—complete with constitution, free press, and elections—was hollowed out and replaced with a dictatorship. This isn’t about comparing leaders to Hitler. It’s about recognizing how systems…

