Incentives Are Superpowers
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Learn what Charlie Munger really meant when he said, \\u201cshow me the incentive(s) and I\\u2019ll show you the outcome.\\u201d This episode brings together ideas about incentives from Warren Buffett, Charlie Munger\\u2019s 1995 Harvard University lecture \\u201cThe Psychology of Human Misjudgment,\\u201d FedEx, Xerox, the New Orleans Saints \\u201cBountygate\\u201d scandal and more. You will not only learn how to use the power of incentives to improve your own outcomes, but also how to avoid the danger of perverse incentive systems.
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