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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Don't be slaves to external targets

 Don't be slaves to external targets

When the outside world provides you with a goal, it often attracts you to follow it with some kind of reward. The motivation of most prizes in the world is to control you. Don't be slaves to external targets, and refuse their rewards. The most effective way to reject external rewards is to establish "internal rewards", that is, to select your goals and gain inner order and growth pleasure in following your dreams. This is internal rewards and self-rewards.

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