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用他自己的话说

芒格论激励

13 条有出处的语录。全部主题

“给我看激励机制,我就能告诉你结果。”
Poor Charlie's Almanack
“在该思考激励机制之威力的时候,千万、千万不要去想别的事情。”
The Psychology of Human Misjudgment (Poor Charlie's Almanack) · where he said it ↗
“管理上最重要的一条规则,或许就是:‘把激励机制设对。’”
The Psychology of Human Misjudgment (Poor Charlie's Almanack) · as recalled · where he said it ↗

出自《人类误判心理学》一文中联邦快递夜班的例子;不同版本的措辞略有出入。

“我想,在理解激励机制的威力这件事上,我这一辈子都处在同龄人中前5%的水平,可即便如此,我这一辈子都低估了它。没有哪一年不出点意外,把我认知的边界又往外推一点。”
The Psychology of Human Misjudgment (Poor Charlie's Almanack) · 1995 · where he said it ↗

最早是1995年一次演讲中讲的;公认的措辞出自经过扩充的《穷查理宝典》版本。

“我们想赢的是路亚钓鱼巡回赛,而养老基金顾问卖的是渔具。我们对卖渔具没兴趣,我们感兴趣的是把鱼钓上来。”
Whitney Tilson's notes, Wesco Financial annual meeting, Pasadena, May 7, 2003 (Q&A, 'Pension Fund Consultants') · 2003

他关于“干事的人对卖东西的人”的论点(他的原话是‘沃伦和我’)。

“我这辈子一直躲着薪酬顾问。我简直找不出词来表达我对他们的鄙夷。”
Berkshire Hathaway annual meeting, 2017 (Omaha) · 2017 · where he said it ↗
“那些设计出轻易就能被钻空子的制度的人,活该下到地狱最底层那一圈。”
"Academic Economics: Strengths and Faults After Considering Interdisciplinary Needs," Herb Kay Undergraduate Lecture, University of California, Santa Barbara, October 3, 2003 · 2003 · where he said it ↗
“大自然的铁律是:你奖励什么,就得到什么。你要是想招蚂蚁,就往地上撒糖。”
Tren Griffin, 'Charlie Munger: The Complete Investor' (2015) — illustrating Munger's Reward-and-Punishment Superresponse Tendency · as recalled

出自格里芬的书;具体场合无法考据到某段录音。

“我问他,‘我的天,这些都是紫的绿的。鱼真会咬这种假饵?’他说,‘先生,我又不是卖给鱼的。’”
Charlie Munger, "A Lesson on Elementary, Worldly Wisdom As It Relates to Investment Management & Business" (the "Art of Stock Picking" talk), lecture to Prof. Guilford Babcock's students, USC Business School, 1994; published in Outstanding Investor Digest, May 5, 1995 · 1994 · where he said it ↗

他常讲的一个钓具笑话;妙就妙在售货员那句关于激励机制的点睛之笔。

“最后,有人想出个办法:付给这些人钱,不再按小时算,而是按一个班次算——活儿干完了,他们就都能回家。结果呢,他们的问题一夜之间就没了。”
Charlie Munger, "A Lesson on Elementary, Worldly Wisdom As It Relates to Investment Management & Business" (the "Art of Stock Picking" talk), USC Business School, 1994; published in Outstanding Investor Digest, May 5, 1995 · 1994 · where he said it ↗

他举的联邦快递夜间分拣的例子——按班次付钱,而不是按小时。

“在官僚机构里,你以为活儿从你的收件筐挪进别人的收件筐就算干完了。可当然不是。要等AT&T把该交付的东西真正交付出去,活儿才算干完。”
Charlie Munger, "A Lesson on Elementary, Worldly Wisdom As It Relates to Investment Management & Business" (the "Art of Stock Picking" talk), USC Business School, 1994; published in Outstanding Investor Digest, May 5, 1995 · 1994 · where he said it ↗
“这就是我说的‘冲着费用去的购买’,很多都是这样——人们买东西是为了赚那笔费用。”
Daily Journal Corporation annual meeting (February 12, 2020) · 2020 · where he said it ↗

谈私募股权/风险投资行业那套靠收费驱动的文化。

“可惜的是,‘讲理由倾向’实在太强,哪怕一个人给出的是毫无意义或干脆错误的理由,也照样能提高别人对他命令和请求的服从度。”
"The Psychology of Human Misjudgment" (revised essay), Poor Charlie's Almanack — Reason-Respecting Tendency (No. 24) (2005) · 2005 · where he said it ↗

他提出的“讲理由倾向”——哪怕理由毫无意义,也能提高服从度。