I'd say 3/4 of advertising works on pure Pavlov. Think how...

I'd say 3/4 of advertising works on pure Pavlov. Think how association, pure association, works. Take Coca-Cola company (we're the biggest share-holder). They want to be associated with every wonderful image: heroics in the Olympics, wonderful music, you name it. They don't want to be associated with presidents' funerals and so-forth.

Charlie Munger Quote About Thinking, Names, Funeral: Id Say 34 Of Advertising...

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