5th law of Incentives
This blog is about the 5th law of incentives which says that to change outcomes, you need to change incentives.
Tag: Charlie Munger
On Fairness
This blog is about why we shouldn’t expect fairness.
Happy Birthday, Charlie Munger
1st Jan is Charlie Munger’s birthday. This blog is a small tribute to him.
Warren, Charlie and the Four Purusharths
This blog is written by my friend. He writes about the Four Purusharths of Hinduism and finding these qualities in Warren Buffett and Charlie Munger.
Happy Birthday, Warren Buffett
A thank you note to Warren Buffett.
Why use mental models
People that don’t learn from history are condemned to repeat them. But those that do can say to themselves: “I have seen this movie before and I know how it is likely to end”.
What you incentivize is exactly what you’ll get
Never, ever, think about something else when you should be thinking about the power of incentives.
Gordian Knot
This is a blog on the mental model of Gordian Knot.
Incentives, not intentions, drive the outcome
People understand incentives. They understand what is good for them and what isn’t. They aren’t moved by the noble intention; they are more concerned by what’s in it for them.
Winning ecosystems
This is a blog about my friend’s handicraft business.
Interest upon Interest 