Compounding

“The other thing about compounding, I think people misunderstand is that all the advantages come at the end. And not at the beginning. They're very slow at the beginning, but it's that last double that makes a huge difference.”

“Every interruption to constant progress breaks compounding. You fall off the exceptional curve and onto a linear one, or worse, you start sliding backwards.”

“Focus is overrated because compounding doesn't care. Like the principle of compounding does not care if we're working on one thing or a dozen things. As long as we stay in the game, whatever that game is for us and keep going, compounding is just going to keep…”

“Yes, of course they're bending the rules around compounding and like, but they seem to be okay with that risk appetite because they're printing so much cash off of this that they're like, it's one of those situations where they're like, even if we get, you kno…”

“Thinking and acting long-term is really, really important, but on a deeper level, it's not guaranteed. None of it is guaranteed. And so anything can derail the long-term at any point. And so for me, it was a real like wake up call of, you know, it's a real pri…”

“The majority of investing problems from professionals or amateurs comes from people looking at that and saying, Let's get a little bit faster. How can we speed this up? How can we compress that? Historically, you've doubled your money every decade. How can we …”

“Compounding will bestow its magic and benefits upon you only after a very long time after testing your patience and conviction to the fullest.”

“Bad decision process with good outcome reinforces bad process. Which then when you were talking about compounding, Ends up producing compounding in the wrong direction.”