Don't you think it might be better to evaluate the factual content of their concerns, rather than engaging in ad hoc psychoanalysis of their incentives and emotions?
Evaluating the "factual" content of their concerns is exactly what led to us engage in ad hoc psychoanalysis of their incentives and emotions.
Charlie Munger's famous rule is: "Never, ever, think about something else when you should be thinking about the power of incentives."
That rule has served me well enough!
When, specifically, did Charlie Munger state this rule? I don’t want to be presumptuous, but from what Google shows me, I’m pretty suspicious that he did not actually say this.
I get nothing but stuff about Munger when I search for that quote.