critical thinking

Psychological Tendencies - Charles Munger

Reward Punishment Super Response

Liking / Loving

Disliking / Hating

Doubt - Avoidance

Inconsistency - Avoidance

Curiosity

Kantian Fairness

Envy Jealousy

Reciprocation

Influence from association

Pain avoiding - Psychological Denial

Excessive self regard

Over optimism

Deprival - super reaction

Social proof

Contrast - mis-reaction

Stress - influence

Availability - mis-weighting

Predictably Irrational - Dan Ariely

Prices are affected by anchors and memory of those anchors

Zero - Free - Emotionally hot button - when free we forget downside

Social Norms vs. Market Norms - Market norms force out social norms

We under predict passion on our behavior - Looking from one emotional state to another is difficult

Fleeting impulses distract from long term goals

Procrastination - means for tomorrow

Tight restrictions on freedom is best cure for procrastination

Self control credit card to limit spending

Asking The Right Questions - A guide to critical thinking

M. Neil Browne & Stuart M. Keeley

Refrain from reverse logic, reasons then conclusions, not conclusions then supporting reasons

Find Issue

Find Conclusion

Find Supporting Reasons

• Ask Why?

Find ambiguity in reasons

• abstract terms
• multiple meanings