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tut comments on Rationality Quotes Thread September 2015 - Less Wrong
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This feels very much like a setup for saying "But I was wrong, you need experience and other background knowledge to even understand these things" or something like that. Is that the continuation in the book?
No. Munger and Buffet both claim that a huge part of their success has simply been avoiding failures, especially of the type caused by poor rationality. Munger in particular was very taken with the same Heuristics and Biases literature that informed much of the Sequences.