It is a very simple idea to use the power of compound interest

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It is a very simple idea to use the power of compound interest  Smart people are easily attracted by complex things, and underestimate the great influence and importance of simple ideas. But Monish Pabrai is a full pragmatist, and he will not fall into this trap. "It is a very simple idea to use the power of compound interest, a very simple idea to imitate, and a very simple idea to be honest." He said. However, when you apply some powerful ideas with great enthusiasm, the cumulative effect is "incomparable".
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It is very important to be kind to your loneliness in trading market

 It is very important to be kind to your loneliness



In any field, if you want to make the best of what you do, you should learn to be alone. Everyone has different ways of being alone. It is very important to be kind to your loneliness.

In the trading market, this is very obvious: you must and can only be responsible for your own decisions. It's yours to earn and only yours to lose because that's your decision. You're trading with your own money. All the experiences and lessons arising from this are your own and difficult to generalize because others are not you. Unlike you, they have their own history, their own preferences, and their own affordability

In the end, you will understand that your final income and your loneliness will increase year on year and be highly consistent. If you are afraid of loneliness in this regard, don't even be a "leek", just leave the trading world, because it's really unsafe for you

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