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I really like Charlie Munger's talk *The Psychology of Human Misjudgment*. I've also been following the SpaceX story, before/during/after the IPO, and I can't help but imagine what Munger would think about this. It's safe to say he wouldn't be a buyer. Anyway, I thought it would be interesting to go down his list of 25 human misjudgments in that talk and see how many might apply to the SpaceX IPO. Excluding the lollapalooza compounding effect, I came up with …
— ORIGINAL POST ·
What Would Charlie Munger Say About SpaceX?
· r/ValueInvesting
· Aug 19, 2026