Enemy Quote by Michael Lewis
“It is far better to keep the enemy close, by bribing him with stock options, than to have him out in the wild, foraging.”
About This Quote
Source Book: “The Big Short”, 2010
Keeping rivals close via incentives can control them better than letting them roam free
In simple terms: Use strategic incentives to manage competitors
Align interests to reduce risk
Themes
Mood
Type
When to use this quote
- business negotiations
- stock options
- corporate governance
Key Concepts
Questions to Reflect On
- What incentives could you offer a rival?
- When might this approach fail?
Incentives may backfire if misaligned