I know a few things, but I still got a lot to learn.

“If you have a dumb incentive system, you get dumb outcomes.” The late Charlie Munger was endlessly quotable, but this pearl of pith from the famed investor is one that every manager should remember.

There are plenty of dumb examples to choose from. Some are apocryphal: the Soviet nail factory that produced a single, uselessly gigantic nail to meet ... See more

I’m increasingly convinced, then, that the next big vector for inequality is around this most fundamental of human capabilities. The elites are going to reclaim the ability to chain together more than three thoughts in succession before reaching for a device.

'In my experience,' he told me, 'if you run away from a thing just because you don't like it, you don't like what you find either. Now, running to a thing, that's a different matter,

I often think of the Noah Smith quote: “Fifteen years ago, the internet was an escape from the real world. Now, the real world is an escape from the internet.”