Personally, Iโve gotten so that I now use a kind of two-track analysis. First, what are the factors that really govern the interests involved, rationally considered? And second, what are the subconscious influences where the brain at a subconscious level is automatically conclusions in various ways โ which, by and large, are useful โ but which often malfunction? One approach is rationalityโฆ And the other is to evaluate the psychological factors that cause subconscious conclusions โ many of which are wrong.
Charlie MungerAny year that you don't destroy one of your best-loved ideas is probably a wasted year
Charlie Munger