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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Learning to be alone

 Learning to be alone

Teenagers who have never learned the sense of control are likely to grow into uneducated adults who lack the complex skills necessary to survive in an information-filled competitive environment. What's worse, they don't know how to enjoy life; They have not formed the habit of seeking challenges and stimulating their growth potential.

But learning to be alone is not limited to adolescence. Unfortunately, too many adults are in their twenties and thirties - at best 40 - and they think they are qualified to retreat into their old ruts and have a good rest. They paid enough to learn all the tricks of survival and thought they could figure out the direction of navigation in the ocean of life. The internal discipline of these people is not firm, and the phenomenon of spiritual entropy is getting increasingly serious as they relax each year. The cause is not satisfactory, the healthy river is declining, and the ups and downs of life have accumulated a lot of negative information, posing a growing threat to peace of mind. How do solve these problems? Suppose a person cannot control his attention when he is alone. In that case, he will inevitably ask for simple external means: drugs, entertainment, stimulation, and any other things that can paralyze the mind or divert attention.

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