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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A primary goal in life should be to control your time

 A primary goal in life should be to control your time





The ideal job is to use leverage. In this operating mode, you can control your time and be responsible for your output. If you bring a magical turnaround to the enterprise by providing excellent solutions, you will get money in return. In particular, if others don't know how you do it, they must constantly pay you to continue to provide this product or service. And the reason why you can do this is because of your obsession, skills, or talents.

If you have the expertise, a sense of responsibility, and know how to use leverage, the financial return provided by society will match your value. At this time, you can save more time and become super efficient. You don't need to hold a meeting for the sake of meeting, you don't need to try to express yourself, and you don't need to reflect your workload through reporting materials - you just need to focus on the work itself.

Only pay attention to the work itself, and the efficiency will become extremely high. You can reasonably allocate your work, work when you are energetic, and not do useless work when you are in poor condition. In this way, you can win your own time.

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