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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The subconscious will accept any instruction given to it in a state of absolute confidence

  The subconscious will accept any instruction given to it in a state of absolute confidence



Of course, these instructions often need to be presented repeatedly before the subconscious can accept them. According to this view, we can consider playing a reasonable "trick" on the subconscious. Because you firmly believe in yourself, you can make the subconscious also believe that you can have the wealth in your imagination and believe that this wealth is waiting for you to possess. In this way, the subconscious will naturally hand over specific plans to you to obtain the ideal wealth.

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