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

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".

How to build skills to get happiness?

 How to build skills to get happiness?

You can get it by forming good habits. Not drinking alcohol or eating sugar can improve emotional stability, and staying away from social media (Facebook, Snapchat, and Twitter) can also improve emotional stability. Playing video games will bring short-term happiness (I was once obsessed with games), but it will destroy long-term happiness. Drinking coffee also belongs to exchanging long-term health for short-term excitement. These external factors beyond your control will stimulate the secretion of dopamine in your body. Once the stimulating factors disappear, the dopamine level will drop.

In essence, the process of life is to replace those bad habits formed inadvertently with well-developed good habits and strive to become a happier person. Your happiness index ultimately depends on your habits and the people you spend the most time with.

Let's start with habits. When we were babies, we didn't have any habits. Later, we learned what we couldn't do, had self-awareness, and began to develop habits and behavior patterns.

With the growth of age, some people's happiness becomes stronger and stronger, while some people become more and more unhappy. An important reason is that the two groups have different habits. When choosing habits, you need to consider clearly: Is this a habit that can increase my long-term happiness?


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