Career · Modern investor letters

Charlie Munger:Munger's 1994 USC Talk, Additional Excerpt 35

Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· USC Business School, 1994 · Cognition · Leadership · Human nature

Finally, somebody got the idea to pay all these people not so much an hour, but so much a shift—and when it's all done, they can all go home. Well, their problems cleared up overnight.

Source: https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator:Archived transcript, additional excerpt 35 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

What does this passage say about how you work today?

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