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".

No one will be ready to accept unless they believe they can have it

No one will be ready to accept unless they believe they can have it 



There is a fundamental difference between wanting something and being ready to accept it. No one will be ready to accept unless they believe they can have it. This mindset is faith, not just hope and desire. Only with a broad mind can people have faith. Self isolation will never inspire people's confidence, courage and faith.

Please remember that it is no more difficult to set high goals in life and pursue prosperity than to accept poverty and misfortune.

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