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 only way to improve life is to improve the quality of experience

The only way to improve life is to improve the quality of experience



 If we really get more wealth and power, at least for a while, we will have the confidence to change our life. But symbols are deceptive - they tend to distort the reality that people think they should represent. In fact, what others think of us or what we have has nothing to do with the quality of life - what really matters is how we interpret ourselves and what we encounter. The only way to improve life is to improve the quality of experience.

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