Tag: incentives

Are You Being Lied To?; Why 90% Of The News Isn’t Important


Last night I went to go see the movie Truth and it got me thinking about how the news used to not be for profit. I wish it would go back to that.

The billionaire Charlie Munger says that humans respond to incentives, so the second something profitable makes the news, they’re going to look for scandals.

That’s why when I watch the news I know there’s always another side to the story.

Everybody’s side sounds good until you hear the other side.

Nobody wants to talk about the real issues, they want to make money. Focus on yourself. Then worry about scandal.

What’s an example of some news that you’ve read that turned out not to be true?

incentives, profitable, focus on yourself, make money, they want to make money, the billionaire, profit

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