Charlie Munger’s Mental Models Out In The Wild

Right now, the Tampa Bay Lightning are playing the Chicago Blackhawks in Game 2 of the Stanley Cup playoffs on NBC. In the lead up to the game, however, the conversation has not been about Tampa Bay’s players. Instead, the media has been discussing the policies of Tampa Bay’s ownership regarding ticket sales.

For those of you that don’t follow this sort of thing, Tampa Bay bans the sale of playoff tickets to online purchasers unable to connect their ticket sale purchase to a Florida area code. Additionally, Tampa Bay bans the wearing of away team gear in the 1,400 seats that are up-close and likely to be featured on television.

Because Americans tend to favor the notion that sellers ought to lose all rights to their products after the point of sale, the media response to this policy has been excessively negative because the purchasers of goods and services … Read the rest of this article!