underscored — Underscored

@underscored

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Tag:incentive-structuresClear

The best way to think about the future is not by extrapolating the past, but by understanding the incentive structures and constraints that will shape decisions.
— Charlie Munger, Berkshire Hathaway Annual Meeting (2015)

2w ago

a position which directly incentivizes insider trading. That in turn creates a long list of very predictable problems.

2mo ago

Underscored — save the words that stop you in your tracks.

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