Munger: Importance of mental models
models. Respond to the following:
• In your own words, describe what Munger means by mental
models.
• Examine how Munger’s concept of mental models has changed
your ideas of decision making in investment management and business.
• Describe at least one example from your own experience
where your perspective or experience provided a mode of thought that brought
new light to a discussion or a tough decision.
• Explain how this experience has affected your
decision-making process.
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