Incentive design decided which decision got made. The rest was distribution arithmetic.
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Incentive design decided which decision got made. The rest was distribution arithmetic.
The gap existed because of assumption, not economics — which is the most valuable kind.
The hardest allocation decision a dynasty faces is selling the asset that made it one.
Heritage cannot be built in a decade, which is why it can only be bought.
The conviction that builds a fortune is the same conviction that concentrates it into one mistake.
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