It’s Not Just Wealth That Compounds

It’s Not Just Wealth That Compounds

How the power of compounding applies not only to wealth, but influence, expertise, and creativity. How non-monetary investments can lead to greater monetary wealth and satisfaction.

In this episode, you will learn:

  • Why the rule of 72 and the power of compounding are hindered by portfolio losses.
  • Why the sequence of returns impacts investment performance, but also our expectations.
  • How what we experience in the world is made up of separate glimpses and events.
  • What are non-monetary things that compound with time and why there are no short-cuts.
  • How to focus our attention on things that compound.
  • How non-monetary investments of our time can increase our monetary wealth.


Thanks to Vistaprint and Sleep Number for sponsoring the episode.

For show notes and more information on this episode click here.

  • [0:20] The dangers of oversimplified compounding schemes.
  • [4:30] Our experiences influence what we expect to happen.
  • [7:57] A picture made up of pictures taken through time.
  • [11:26] There are no shortcuts to forming experience.
  • [15:05] Influence is created by passing through time—not by purchasing it.
  • [18:32] Expertise, polish, perfection are all built by passing through time.
  • [19:41] Taking the time to invest in creative work through time.
  • [22:01] Time brings age—and that is okay.
  • [23:11] Passing through time brings wisdom and experience.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jaksot(571)

Is This Why Interest Rates Are Falling and the Global Economy Slowing?

Is This Why Interest Rates Are Falling and the Global Economy Slowing?

Has the off-shore dollar market in terms of dollar financing and currency hedging gotten so big that it can dictate Federal Reserve monetary policy including the expected short-term interest rate cut ...

17 Heinä 201926min

Will The Libra Cryptocurrency Revolutionize Money?

Will The Libra Cryptocurrency Revolutionize Money?

Will Facebook's Libra Cryptocurrency transform money as we know it or is it "the most invasive and dangerous form of surveillance devised thus far?" How does the Libra compare to Bitcoin and the U.S. ...

10 Heinä 201931min

How Financialization Pushes Up Home Prices

How Financialization Pushes Up Home Prices

How the demand by corporations and individuals to turn single-family homes into rental units is pushing up home prices, making it more difficult for first-time homebuyers to purchase a house. In this ...

26 Kesä 201926min

Will Artificial Intelligence (AI) Change Investing?

Will Artificial Intelligence (AI) Change Investing?

How does artificial intelligence and machine learning work and what are some examples of how individual investors can use AI in their investing.In this episode you will learn:What is artificial intell...

12 Kesä 201929min

With Interest Rates Falling, Why Do You Own Bonds?

With Interest Rates Falling, Why Do You Own Bonds?

How an asset class such as bonds can play different roles in your portfolio depending on your investment philosophy. In this episode you will learn:What are bonds and how can they be used in investmen...

5 Kesä 201927min

Should You Be 100% Invested In Stocks?

Should You Be 100% Invested In Stocks?

What are the pros and cons of having your entire investment portfolio invested in stocks versus a multi-asset class portfolio.In this episode you’ll learn:What are some investment options if you want ...

29 Touko 201930min

Are IPOs the New Ponzi Scheme?

Are IPOs the New Ponzi Scheme?

How venture capital funded startups run up massive losses while justifying premium valuations using creative profitability metrics. These private companies are now going public allowing early investor...

22 Touko 201928min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-sisalto-kuntoon
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rahapuhetta
sijoituspodi
rss-lahtijat
rss-karon-grilli
oppimisen-psykologia
lakicast
rss-startup-ministerio
rss-bisnesta-bebeja
rss-paasipodi
rss-yrittajan-mindset
rss-viisas-raha-podi
rss-draivi