What I learned from a dead billionaire | RIP Charlie Munger 🕊️

What I learned from a dead billionaire 🕊️ RIP Charlie Munger (1924 - 2023)

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Show me the carrot 🥕

I’ll show you the result ✅

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Actual Quote:

“Show me the incentive, and I'll show you the outcome" -

Charles T. Munger

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My Takeaway:

The Pressures (Pain:Reward) Cycle in The Environment = Behavior

As an individual + as a group.

Repeated behavior = the results.

Who you are : life you live : the birds you flock with.

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My experience:

Some environments incentivize “killing time”

Some environments incentivize “ROI & growth”

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Some people incentivize for comfort : ease : survival.

Some people incentivize for growth : evolution : flourishing.

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No good or bad.

Be aware : decide.

Control your inner world

Place your outer world on purpose.

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Live on purpose.

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I’ve used this ideas to get in the best shape of my life.

Now I’m using it to create the rest of my life.

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The pressures & incentives of our environment shape us.

Our own internal pain:reward cycle (incentives) shape us.

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RIP Charles T. Munger 🕊️

1924 - 2023