Outliers: Les Schwab — Why Real Ownership Outperforms Experience, Capital, and Credentials [The Knowledge Project Ep. #237]

Charlie Munger once asked me: ‘How can someone give away fifty percent of profits and make billions more than if he’d kept it all?’ Before I could answer, he told me about Les Schwab, a tire shop owner who understood incentives better than almost anyone. 

What Schwab discovered will change how you think about business.