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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Energy is power, but power is only a tool

 Energy is power, but power is only a tool



As has been discussed in the section on the sense of control, we must recognize that flow has addictive magic; We should also recognize the fact that "there is no absolute good in the world", and any power can be abused. Love can lead to cruelty, science can lead to destruction, and unregulated technology can also cause pollution. The best experience is a form of energy, and all energy can be used to benefit people or destroy them. Just as fire can bring warmth or disasters, atomic energy can generate electricity and turn the world into ashes. Energy is power, but power is only a tool, and the goal can determine whether it will make life richer or more painful.

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