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Psychology & Human Misjudgment · No. 33

Twaddle Tendency

Idle chatter feels like communication, but it quietly crowds out the room where real thought could happen.

Charlie Munger · Poor Charlie's Almanack

Organizations and individuals have a natural pull toward filling time with meaningless talk — restating the obvious, padding reports, holding meetings that produce words but no decisions — and that pull has to be actively resisted, because twaddle drives out substance if left unchecked.

— Charlie Munger, Poor Charlie's Almanack (paraphrased)

01 How Twaddle Crowds Out Substance

Pressure to Fill Time

A meeting, memo, or report needs to happen on schedule, whether or not there's anything substantive to say.

Word Volume Substitutes for Thought

Restating the obvious, hedging, and filler language expand to fill the available time or space, because producing words feels like producing value.

Signal Gets Buried

The few points that actually mattered get lost in the noise, and decision quality quietly suffers.

02 Substance vs. Twaddle

Substance

What Munger Rewarded

  • Berkshire Hathaway's shareholder letters are widely noted in the business press for their plain language and unusual brevity compared to typical corporate reporting
  • Munger's own public remarks were often famously terse — frequently just "I have nothing to add" after Buffett had already covered the substance
  • Treating every sentence as something that has to earn its place, rather than filling space by default
Twaddle

What Crowds It Out

  • Meetings that run long not because the topic is complex, but because no one is willing to end them early
  • Reports padded with boilerplate and hedged language that says nothing a reader can act on
  • Jargon and buzzwords used to sound authoritative rather than to convey a specific, checkable claim

03 Case Studies

Shareholder Communication

Berkshire's Plain-English Letters

Warren Buffett wrote the foreword to the U.S. Securities and Exchange Commission's 1998 "A Plain English Handbook," explicitly holding up clear, jargon-free writing as a discipline. Berkshire Hathaway's own annual shareholder letters have long been cited by journalists and investors as unusually direct compared to the boilerplate-heavy reports typical of large public companies.

Meeting Culture

Amazon's Ban on PowerPoint

Amazon is widely reported to require executives to read a written narrative memo silently at the start of meetings, rather than sit through a slide presentation — a policy founder Jeff Bezos has described publicly as a way to force actual argument and evidence onto the page instead of bullet-point filler.

Public Remarks

Munger's Famous Brevity

At Berkshire and Wesco annual meetings for decades, Munger became known for following Buffett's lengthy, detailed answers with some version of "I have nothing to add" — a running habit that became something of a shareholder-meeting tradition, and a small, public demonstration of his distaste for talking merely to be heard.

04 Guarding Against It

01

Before a meeting or memo, ask what decision it needs to produce; if there isn't one, question whether it needs to happen.

02

Write reports in plain, checkable sentences rather than hedged, jargon-heavy language.

03

Give people explicit permission to say "nothing to add" rather than manufacturing a comment to seem engaged.

04

Set a default meeting length shorter than feels comfortable, and see how much twaddle disappears under the constraint.

05

Reward brevity and clear claims in performance culture, not just volume of output.

Munger treated ruthless brevity as a form of intellectual honesty — a refusal to let the appearance of communication substitute for the substance of it.
Charlie Munger, Poor Charlie's Almanack