Each tendency summarized in one sentence,
Along with one example.
People only do things for their own rewards
Fed ex couldn’t get workers to finish their work, trying millions of things. The one thing that they eventually did get to work was to pay by the work done, in stead of by the hour. Suddenly everyone finished their tasks exactly on time
When a person likes/loves something, they
A man who has a special tendency to have a love for admirable people and ideas, has a huge advantage in life. Think of Munger’s (irrational) love for Ben Franklin, or every great person’s love and admiration for great men before them.
People dislike/hate people and things, which is very hard to get rid of. They also
Many large law firms make enormous money purely in sibling rivalry.