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".

When the challenges match your skills, there will be heart flow

when the challenges match your skills, there will be heart flow 



There must be challenges in the activities that can create heart flow, and the challenges should be dynamic, that is, when the challenges match your skills, there will be heart flow. When the goal of the challenge is much higher than your skills, anxiety will arise, and the goal of the challenge should be reduced. When your skills are higher than the set goals, continuing this activity will lead to boredom, so you need to improve your goals in order to maintain the challenges and flow. It is in the process of improving skills and raising goals that those involved feel the pleasure of growth. This is the true meaning of happiness.

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