underscored — Underscored

@underscored

2 clips · 1 follower

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)

3d ago

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

1mo ago

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

Start saving quotes →