Cognitive Biases

Cognitive biases are systematic patterns of deviation from rationality in judgment. They arise from mental shortcuts (heuristics) that the brain uses to process information quickly, often leading to perceptual distortion, inaccurate judgment, or illogical interpretation.

Frameworks

  • Munger’s 25 Tendencies — Charlie Munger’s catalog of 25 causes of human misjudgment (several map to the biases above)