Charlie Munger is a huge proponent of studying psychology and understanding how incentives affect individuals and their decisions. The video below offers some new insights on how incentives may be a little more complicated than we normally think:
Tariq Ali is a student at the University of Texas at Austin, where he also operates a non-profit microfinance organization called TEEXAS.org. In his investing, Tariq draws upon the knowledge and experience of the great investors of our time, including Benjamin Graham, Warren Buffett, Joel Greenblatt, Seth Klarman, and George Soros. Tariq is actively pursuing a career in finance. Find me on twitter @valueinvestr
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