An MIT professor's free lecture teaches a simple three-step math framework for commit-or-fold decisions—used by Wall Street prop traders but rarely applied by the millions who've watched it. The same equation works for poker, job changes, marriages, and any binary decision, yet most people never bother running the numbers.

• The shove-or-fold math (fold equity + showdown equity, weighted by payoffs) is publicly available on MIT OpenCourseWare and applies to any all-in decision, not just poker
• Wall Street prop trading desks pay $250k annually for graduates who can execute this calculation faster than markets move, yet retail traders typically hedge between half-decisions instead
• The gap between knowing the framework and actually using it before major life decisions is where the real edge lies—the math itself isn't the competitive advantage

A 96-year-old billionaire (Charlie Munger) recorded a single sitting where he outlined 25 psychological biases that cause smart people to make terrible financial decisions—covering ground MBA programs charge $200k to teach. The video became required viewing at top hedge funds and investment firms, yet remains largely unknown despite 40 million people knowing his name.

• Charlie Munger recorded a free 42-minute lecture covering 25 psychological biases behind bad financial decisions—content MBA programs charge $200k to teach.
• He bluntly called crypto antisocial and private equity full of wretched excess, and said index funds beat most active managers, to a room of money managers who didn't push back.
• Hedge funds reportedly show this video to new hires as their first piece of training, ahead of any textbook or trading model.
• He died the year after recording it, and despite 40 million people knowing his name, almost none have watched it.