“If you want to change behaviors, you have to change motivations.”
Charlie Munger (verified)
“Many things were adopted in the war which we were told were technically impossible, but patience, perseverance, and, above all, the spur of necessity under war conditions, made men’s brains act with greater vigour, and science responded to the demands.”
— Winston Churchill (verified)“Biological creatures ordinarily prefer effort minimization in routine activities and don’t like removals of long-enjoyed benefits.”
— Charlie Munger (verified)“If you always tell people why, they’ll understand it better, they’ll consider it more important, and they’ll be more likely to comply. Even if they don’t understand your reason, they’ll be more likely to comply.”
— Charlie Munger (verified)“As usual in human affairs, what determines the behavior are incentives for the decision-maker, and getting the incentives right is a very, very important lesson.”
— Charlie Munger (verified)“Show me the incentive and I will show you the outcome.”
— Charlie Munger (unverified)