Kyle Harrison
concept
Ford vs. Ferrari
Ford vs. Ferrari
A film Kyle references in his annotations on Charlie Munger — The Psychology of Human Misjudgment. He cites the boardroom scene where, right after acknowledging that Ford could go under, the board reacts negatively to Lee Iacocca — a vivid example of the status-defending, inconsistency-avoiding behavior in Munger’s catalog of misjudgment.
Context: Ford v Ferrari (2019), directed by James Mangold, dramatizes Ford’s 1960s effort, led in part by Lee Iacocca, to build a car capable of beating Ferrari at Le Mans.
Where this appears
- Charlie Munger — The Psychology of Human Misjudgment — Kyle’s note on the board’s defensive reaction to Iacocca as an illustration of Munger’s psychology of misjudgment.
From Roam
- In Ford vs. Ferrari, right after acknowledging that Ford could go under, the board then immediately reacts negatively to Lee Iacocca asking, “Why should Mr. Ford listen to you? And he says, “We’ve been thinking wrong.”