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← Publicly traded companies are incentivised to behave like psychopaths,…

17 connected korrents · 12 moments from 18 Dec 1790 to 24 Sept 2026.

Everything filed under capitalism capitalism Everything filed under management management Everything filed under behavioural science behavioural science Everything filed under AI and jobs AI and jobs Everything filed under investing investing Everything filed under startups startups Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Publicly traded companies are incentivised to behave like psychopaths, because they are optimised for short-term transactions rather than long-term relationships. Publicly traded companies are incentivisedto behave like psychopaths, because theyare optimised for short-term transactionsrather than long-term relationships. Last stated 10 months ago 9 Dec 2025 RS Rory Sutherland — holds since 2025-12-09 — tap for who they are Same subject: Driven by incentives, a decent person drifts into immoral behavior to get what he wants and rationalizes it — tap to centre the map on it Driven by incentives, a decentperson drifts into immoral behaviorto get what he wants andrationalizes it CM Charlie Munger — holds since c. 2005 — tap for who they are Same subject: The business world is the moral inverse of the hacking world, because business is a world that promotes psychopathy. — tap to centre the map on it The business world is the moralinverse of the hacking world,because business is a world thatpromotes psychopathy. Last stated 3 years ago 29 Jun 2023 GH George Hotz — holds since 2023-06-29 — tap for who they are Same subject: Some firms are laying people off mainly so as not to look behind on AI, in a cascade of keeping up with the Joneses. — tap to centre the map on it Some firms are laying people offmainly so as not to look behind onAI, in a cascade of keeping up withthe Joneses. Last stated 5 months ago 4 Jun 2026 AI Alex Imas — holds since 2026-06-04 — tap for who they are Same subject: You can be ethical simply because you are long-term greedy. — tap to centre the map on it You can be ethical simply becauseyou are long-term greedy. Last stated 7 years ago 28 Dec 2019 NR Naval Ravikant — holds since 2019-12-28 — tap for who they are Same subject: Companies are staying private longer partly because private-market investors have overvalued them. — tap to centre the map on it Companies are staying private longerpartly because private-marketinvestors have overvalued them. Last stated 4 weeks ago 24 Sept 2026 BC Ben Carlson — holds since 2026-09-24 — tap for who they are Same subject: Kind leaders usually do beat sociopaths in the same role, but only if they are also good at business. — tap to centre the map on it Kind leaders usually do beatsociopaths in the same role, butonly if they are also good atbusiness. Last stated 2 months ago 12 Aug 2026 CM Charity Majors — holds since 2026-08-12 — tap for who they are Same subject: The right path for a company tends to be the option without a rapid feedback loop attached. — tap to centre the map on it The right path for a company tendsto be the option without a rapidfeedback loop attached. Last stated a month ago 15 Sept 2026 TL Tobias Lütke — holds since 2026-09-15 — tap for who they are Same subject: Companies are short-term focused not because executives are, but because executives are incentivised to prove results at quarterly intervals. — tap to centre the map on it Companies are short-term focused notbecause executives are, but becauseexecutives are incentivised to proveresults at quarterly intervals. Last stated a month ago 15 Sept 2026 TL Tobias Lütke — holds since 2026-09-15 — tap for who they are Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one thatcan display quarter-on-quarter stockgrowth, not one that makes goodproducts at a fair price. Last stated a year ago 21 May 2025 EZ Ed Zitron — holds since 2025-05-21 — tap for who they are Same subject: A competitive market involves no personal rivalry and no personal haggling — tap to centre the map on it A competitive market involves nopersonal rivalry and no personalhaggling MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: A market becomes commodified through fungibility of alternatives, not merely through lower price. — tap to centre the map on it A market becomes commodified throughfungibility of alternatives, notmerely through lower price. Last stated 2 months ago 26 Aug 2026 RK Rohit Krishnan — holds since 2026-08-26 — tap for who they are Same subject: Only because control of production is divided among many independent people does nobody have complete power over us — tap to centre the map on it Only because control of productionis divided among many independentpeople does nobody have completepower over us FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: Private property is the most important guarantee of freedom, for owners and scarcely less for non-owners — tap to centre the map on it Private property is the mostimportant guarantee of freedom, forowners and scarcely less fornon-owners FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: The only rightful security of property is the right to enjoy and bequeath what one's own talents and industry acquired — tap to centre the map on it The only rightful security ofproperty is the right to enjoy andbequeath what one's own talents andindustry acquired Last stated 236 years ago 18 Dec 1790 MW Mary Wollstonecraft — holds since 1790-12-18 — tap for who they are Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot becentrally planned, because planningremoves the price signal thatcarries information about demand. Last stated a year ago 2 Sept 2025 BE Benedict Evans — holds since 2025-09-02 — tap for who they are Same subject: Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages. — tap to centre the map on it Enforcing non-compete agreements onlow-wage jobs is anti-competitiveand artificially suppresses wages. Last stated 4 weeks ago 24 Sept 2026 BR Barry Ritholtz — holds since 2026-09-24 — tap for who they are Same subject: In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. — tap to centre the map on it In commodity industries,extraordinary profits from shortagesare eventually competed away assupply responds to the profitincentive, and losses are similarlyself-correcting through reducedsupply. Last stated a year ago 5 Sept 2025 SB Sanjay Bakshi — holds since 2025-09-05 — tap for who they are
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At the centre Publicly traded companies are incentivised to behave like psychopaths, because they are optimised for short-term transactions rather than long-term relationships. Last stated 9 Dec 2025 · 10 months ago Holds Rory Sutherland Read this korrent →