They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it.
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"They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it." — Charlie Munger
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They made a mistake. And it was an easy mistake to make. I don't regard setting incentives agg…
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They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it. — Charlie Munger
About Charlie Munger
Charlie Munger was a Businessman from United States (1924–2023).
Frequently Asked Questions
Who said "They made a mistake. And it was an easy mistake to make. I don't regard setting…"?
This quote is attributed to Charlie Munger, a Businessman from United States.
When did Charlie Munger live?
Charlie Munger lived from 1924 – 2023.