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".

A god-given opportunity for investment.

A god-given opportunity for investment



 From the perspective of capital, the rise of any stock depends on money to "buy". This simple truth tells us that when all (or a large proportion) of "money" has indeed entered the stock market and completed the substantial pull on the stock price, it must face the directional failure caused by insufficient buying funds. Its negative side also tells us that when the stock market is generally ignored and disliked by social funds, it is often a god-given opportunity for investment.

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