WebIt's saying one thing then doing something else entirely or not at all. We can understand this by understanding the incentives. A politician's primary goal is to protect his/her position. So... WebFeb 2, 2013 · As was noted in an earlier post in this series, Munger and Buffet delegate most management activity, but they keep compensation decisions from themselves. It is easy to find examples of how improper incentives are, in Munger’s words, “damaging civilization.” A current example of this problem is raised by Nassim Taleb
201 Charlie Munger Quotes on Investing and Wealth
WebMar 19, 2024 · Incentives "Show me the incentives and I will show you the outcome." - Charlie Munger A strong incentive program can often be the difference between a good business and a truly great business. The best companies throughout history have taken different routes to industry domination, bu Web1 day ago · Following is the unofficial transcript of a CNBC interview with Berkshire Hathaway Chairman & CEO Warren Buffett on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Wednesday, April 12 th.CNBC's Becky ... purchase to pay vs order to cash
Show Me the Incentives – Admired Leadership
WebFeb 16, 2024 · In an appearance at the Daily Journal Annual Meeting hosted by Yahoo Finance, the 98-year-old right-hand man of Warren Buffett said that he wishes fewer … Web- Charlie Munger “If you mix raisins with turds, they’re still turds.” - Charlie Munger “Show me the incentives and I will show you the outcome.” - … WebMay 9, 2016 · Charlie Munger who passed on his ultimate wisdom to the human species like you and me through his valuable speeches. I’m sharing the learnings from his Speech The Psychology of Human Misjudgment. ... Power of Incentives. As Charlie Munger shares one of his favorite case about power of incentives is the Federal Express case. secret room horrific housing