

“Happiness is really just about four things: perceived control, perceived progress, connectedness (number and depth of your relationships), and vision/meaning (being part of something bigger than yourself).”
― Delivering Happiness: A Path to Profits, Passion, and Purpose
― Delivering Happiness: A Path to Profits, Passion, and Purpose

“If you wanted to predict how people would behave, Munger said, you only had to look at their incentives. FedEx couldn’t get its night shift to finish on time; they tried everything to speed it up but nothing worked—until they stopped paying night shift workers by the hour and started to pay them by the shift. Xerox created a new, better machine only to have it sell less well than the inferior older ones—until they figured out the salesmen got a bigger commission for selling the older one. “Well, you can say, ‘Everybody knows that,’ ” said Munger. “I think I’ve been in the top five percent of my age cohort all my life in understanding the power of incentives, and all my life I’ve underestimated it. And never a year passes but I get some surprise that pushes my limit a little”
― The Big Short: Inside the Doomsday Machine
― The Big Short: Inside the Doomsday Machine

“The really important kind of freedom involves attention and awareness and discipline, and being able truly to care about other people and to sacrifice for them over and over in myriad petty, unsexy ways every day. That is real freedom. That is being educated, and understanding how to think. The alternative is unconsciousness, the default setting, the rat race, the constant gnawing sense of having had, and lost, some infinite thing.”
― This Is Water: Some Thoughts, Delivered on a Significant Occasion, about Living a Compassionate Life
― This Is Water: Some Thoughts, Delivered on a Significant Occasion, about Living a Compassionate Life
Johan’s 2024 Year in Books
Take a look at Johan’s Year in Books, including some fun facts about their reading.
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