Transformation Over Tea w/ Michael Ojuola

Human Tendency #15: Social Proof Tendency - Episode 116

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On this week’s Episode of Transformation Over Tea w/ Michael Ojuola we continue the new series on The Practical Applications of Charlie Munger's 25 Human Tendencies.


The BACKGROUND: This series explores the wisdom of Charlie Munger, legendary investor and partner to Warren Buffett. 


Munger identified 25 ways our brains influence our decisions. By understanding these tendencies, we can learn to use them to our advantage.


We'll break down each tendency, explore real-life examples, and offer actionable tips to transform your life!

Get ready to unlock your full potential, one human tendency at a time.


THE QUESTION(S): What Are The Practical Applications of Charlie Munger's 25 Human Tendencies?


THE DISCUSSIONS:

We will discuss - HUMAN TENDENCY #15: Social Proof Tendency!

When something we value is taken away or threatened to be taken away, we get disproportionally upset. Loss affects us more than gains.


You’ll Learn:

  1. How the Social Proof Tendency influences your decisions by making you follow the crowd, often without questioning whether it's right for you.
  2. Practical steps to think independently, challenge group opinions, and make decisions based on your own research and values.
  3. How to recognize and avoid herd mentality in areas like consumer behavior, investing, and personal life to ensure better and more authentic choices.


    4. And many more insights…


    Take a Listen!

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    Transformation Over Tea w/ Michael OjuolaBy Transformation Over Tea w/ Michael Ojuola