3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH026: Wealth & Health w/ Jason Karp

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Understanding Incentives

The ability to defer gratification is one of the greatest life skills that anyone can have. Most people aren't educated, they're focused on convenience and so it's much easier to pick up that swanky or pick up that Danish in that street like food cart than it is to make some food at home. If you can, at least once you're aware of the fact that you're wired to want these things, at least you can start to push against it.

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