Charlie Munger Quotes

I Mean People Are Really Crazy About Minor Decrements Down. And Then, If You Act On Them, Then You Get Into Reciprocation Tendency, Because You Don't Just Reciprocate Affection, You Reciprocate Animosity, And The Whole Thing Can Escalate. And So Huge Insanities Can Come From Just Subconsciously Over-weighing The Importance Of What You're Losing Or Almost Getting And Not Getting.

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