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The first rule of compounding is to never interrupt it unnecessarily.
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Don’t switch fields, don’t look for a new job, don’t move on.
There’s a decent chance your motivation for leaving is driven by two things: The grass-is-greener fallacy of wrongly assuming the alternative is better or denying the fact that great opportunities occasionally re...
In investing, selling after a bad stretch feels like the right thing to do. You learned your lesson and seek greener pastures. But everything we know about investing shows it’s the wrong action: the big money comes from compounding uninterrupted over years and decades, when what you’ve done is no...
The key is that you’ll probably do your best work when you've earned your colleagues’ trust, which is the hidden value of staying put.
This is especially true if your job involves making good decisions vs. doing something physical with your body. Good decisions
I see video and web as a way to reach and inspire people.
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Take that first hour to think about the day ahead of you, read a book, enjoy your breakfast, coffee or tea.
A smartphone’s primary function is to interrupt you. Don’t let other people or apps interrupt you during the first hour of your day.
At first glance, compounding does not look remarkable. However, looking at compounding in action, you will notice a few things.
Consider, for example, investing in stocks at an average real return of 6.8%. (It is inflation-adjusted.) During the first few years, compounding doesn't real...
Rule 1: The only way to get the best of an argument is to avoid it.
Rule 2: Show respect for the other man's opinions. Never tell a man he is wrong.
Rule 3: If you're wrong, admit it quickly and emphatically.
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