cognitive-biases
Systematic patterns in how the human mind distorts reality. Key types include: anchoring (over-weighting the first number you hear), availability bias (judging likelihood by how easily examples come to mind), framing effect (making different choices based on how options are presented rather than what they actually are), loss aversion (feeling losses roughly twice as strongly as equivalent gains), confirmation bias (seeking evidence that supports what you already believe while ignoring what contradicts it), overconfidence (expressing more certainty than your accuracy justifies), and the psychology of human misjudgment (Munger's catalogue of 25 tendencies that distort clear thinking). These aren't occasional mistakes — they're the default operating mode of the human mind.
2 related concepts
Related ideas
Ideas connected to cognitive-biases.
Cognitive biases are what happen when System 1 runs unchecked
Idols of the MindBacon mapped the same territory 400 years before Kahneman — four categories of self-deception
Overconfidence and CalibrationOverconfidence is the most consequential bias — it makes you stop looking for evidence
Narrative FallacyThe urge to make stories out of randomness is one of the deepest biases
Intellectual HumilityHumility is the antidote — knowing your mind lies to you is the first step to thinking clearly
Elementary Worldly WisdomUnderstanding your biases is the first mental model worth learning