incentives
2 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Mar 11, 2019 by Tom Russo · across every show →
Everything said about incentives, oldest first
Mar 11, 2019
Mar 18, 2021
Paul: Institutional Market Errors Stem From Structure and Incentives
“And I spent a lot of time thinking about, man, why are all these really smart people with tons of skin in the game making such obvious errors? And my conclusion was it's structural. It's not that these people don't see it. It's that incentives are everything. …”