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Morgan Housel: The Psychology of Luck - Outside Insights

Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses

CHAPTER

The Importance of Aligning Incentives

Brent: I know you had a close call and you grew up in Lake Tahoe, your heck of a good skier. And thinking through like, I wonder what Kent Evans would have done the rest of his life? He says it's just sort of like a sense of mourning, almost a sense of loss. Brent: How has that influenced the way you think about your life? Oh, yeah, I think about it a lot. It was an amazing run but we didn't do it for whatever reason. Rather than hitchhiking back, they said, "Let's go ski that run again"

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