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← One should never think about something else when one should be thinking about the power of incentives

11 connected korrents · 7 moments from 13 May 2007 to 3 Mar 2026.

Everything filed under mental models mental models Everything filed under startups startups Everything filed under empathy empathy Everything filed under mathematics mathematics Everything filed under humility humility Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: One should never think about something else when one should be thinking about the power of incentives One should never think about somethingelse when one should be thinking about thepower of incentives CM Charlie Munger — holds since c. 2005 — tap for who they are Same subject: Wondering whether your product will ever be a thing is a dangerous thought, because there is no point at which you would stop second-guessing yourself. — tap to centre the map on it Wondering whether your product willever be a thing is a dangerousthought, because there is no pointat which you would stopsecond-guessing yourself. Last stated 2 years ago 23 Mar 2025 RV Rahul Vohra — holds since 2025-03-23 — tap for who they are Same subject: Reciprocity can serve as a rule for life: do not do to others what you do not want done to yourself — tap to centre the map on it Reciprocity can serve as a rule forlife: do not do to others what youdo not want done to yourself CO Confucius — holds since c. 551–479 BCE — tap for who they are Same subject: A difficult problem is better thought through both forwards and backward than in one direction only. — tap to centre the map on it A difficult problem is betterthought through both forwards andbackward than in one direction only. Last stated 13 years ago 28 Oct 2013 SP Shane Parrish — holds since 2013-10-28 — tap for who they are Same subject: A few dozen mental models are enough to get a firm grasp of how the world works. — tap to centre the map on it A few dozen mental models are enoughto get a firm grasp of how the worldworks. Last stated 9 years ago by 12 Aug 2017 JC James Clear — holds since 2017-08-12 — tap for who they are Same subject: A map is not the territory it represents, but if it is correct it shares the territory's structure, which is what makes it useful. — tap to centre the map on it A map is not the territory itrepresents, but if it is correct itshares the territory's structure,which is what makes it useful. AK Alfred Korzybski — holds since c. 1933 — tap for who they are Same subject: Inversion frequently solves problems that nothing else will — tap to centre the map on it Inversion frequently solves problemsthat nothing else will Last stated 19 years ago 13 May 2007 CM Charlie Munger — holds since 2007-05-13 — tap for who they are Same subject: Without the elementary mathematics of probability in one’s repertoire, one gives everybody else a huge advantage — tap to centre the map on it Without the elementary mathematicsof probability in one’s repertoire,one gives everybody else a hugeadvantage CM Charlie Munger — holds since c. 1994 — tap for who they are Same subject: A persistently rising dividend yield eventually forces capital appreciation as the market rerates the stock. — tap to centre the map on it A persistently rising dividend yieldeventually forces capitalappreciation as the market reratesthe stock. Last stated 7 months ago 3 Mar 2026 SB Sanjay Bakshi — holds since 2026-03-03 — tap for who they are Same subject: Outside the circle of competence, confidence does not diminish as fast as competence, and the biggest risk is what one does not see. — tap to centre the map on it Outside the circle of competence,confidence does not diminish as fastas competence, and the biggest riskis what one does not see. Last stated 13 years ago 1 Dec 2013 SP Shane Parrish — holds since 2013-12-01 — tap for who they are Same subject: To improve the odds of success, a person should understand the perimeter of their circle of competence, operate well inside it, and be willing to say "I don't know". — tap to centre the map on it To improve the odds of success, aperson should understand theperimeter of their circle ofcompetence, operate well inside it,and be willing to say "I don'tknow". Last stated 13 years ago 1 Dec 2013 SP Shane Parrish — holds since 2013-12-01 — tap for who they are Same subject: A CEO grading themselves a failure for their mistakes does not help; every CEO makes thousands of mistakes — tap to centre the map on it A CEO grading themselves a failurefor their mistakes does not help;every CEO makes thousands ofmistakes Last stated 14 years ago 15 Jun 2012 BH Ben Horowitz — holds since 2012-06-15 — tap for who they are
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At the centre One should never think about something else when one should be thinking about the power of incentives Last stated c. 2005 Holds Charlie Munger Read this korrent →