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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How to become the 10% that finally wins in the stock market

How  to become the 10% that finally wins in the stock market

 If you want to become the 10% that finally wins in the stock market, you must jump out of the vortex of emotion and control your rationality. Of course, the ability of emotion management has a specific relationship with investors' knowledge. Imagine a person who completely doesn't know what investment is, never understands the principles of correct investment, and doesn't figure out how to make profits in the end. How can he be rational? But in addition, I am more and more inclined to believe that investors who are good at self-control have some "unlearning" factors, which may be related not only to their innate personality but also to the values and ways of thinking they have developed for a long time. What if you really lack this self-control in character? I think the only way is to keep away from the market.

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