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“Show me the incentive and I'll show you the outcome.” ― Charlie Munger
by baxtr 5mo ago
“Show me the incentive and I'll show you the outcome.”
― Charlie Munger
- asdfman123 5mo agoWould that make chasing perverse outcomes in the corporate environment the Munger Games?
- coredog64 5mo agoWhen I was at Amazon, I suggested that promotion to L7 people manager should require that reverse tattooed on your forehead so that you saw it every day. Every time some mandate would come down from on high, it was clear that nobody had thought of the second order effects, malicious compliance, or just outright gaming.
- duxup 5mo agoGoodhart's law
- baxtr 5mo agoAkshually… I’d say they’re not the same but related. Goodhart’s is a corollary of Charlie Munger’s quote.