This book was quite interesting. It explores human psychology and how it leads to unforced errors in our financial decisions. It exposes a few examples of Munger’s mental shortcuts that can cause us much grief in our analysis. This is a great book for people that make mistakes with money but can’t understand why they do it. I certainly do not think about money in the same way as the people in his examples. for example, I never spend more when paying with credit instead of cash and I never spend my tax refund as “found money”.