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".

Let's start to study now

There is no difference between those who study and those who do not in one day; The difference is also very small every month; Although the gap is obvious every year, it doesn't seem to matter; But every five years, it may have been a huge division of wealth. When we wait for 10 years, it may be an unreachable gap between one life and another... So let the dream start from the action at this moment.

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