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1. Argosy B6025 Module 1 Assignment 2 Munger's
Mental Models NEW
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In his article “A Lesson on Elementary, Worldly
Wisdom as it Relates to Investment Management &
Business,” Charles Munger (1995) wrote about
tools, techniques, and critical skills that great
managers need to develop.
Consider Munger's thoughts on the importance of
mental 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.

2. 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.