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)

Navigating Modern Life Like The Amish

Navigating Modern Life Like The Amish

#174 What the Amish can teach us about adopting new technology without being overwhelmed.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-n...

27 Syys 201724min

Should You Invest Based On Economic Cycles?

Should You Invest Based On Economic Cycles?

#173 What are some of challenges of investing using long-term economic cycles.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-...

20 Syys 201731min

Equifax Aftermath—Should You Freeze Your Credit To Protect Against Identity Theft?

Equifax Aftermath—Should You Freeze Your Credit To Protect Against Identity Theft?

#172 Why your personal data will be compromised if it hasn't already been, and what to do to protect yourself from the consequences of identity theft.See Privacy Policy at https://art19.com/privacy an...

13 Syys 201727min

The Extraordinary Impact of Cities

The Extraordinary Impact of Cities

#171 Why cities are the primary driver of economic growth and why do they outlive companies.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#d...

6 Syys 201730min

Are Financial Markets Efficient?

Are Financial Markets Efficient?

#170 Why investment markets can be both efficient and inefficient depending on the environment, and how that should impact your investing.See Privacy Policy at https://art19.com/privacy and California...

30 Elo 201732min

Eclipse Special: The Sound of the Totality From Idaho

Eclipse Special: The Sound of the Totality From Idaho

A short episode on the August 2017 solar eclipse as it happened. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

23 Elo 201710min

The Debt Ceiling—What Happens If the U.S. Defaults

The Debt Ceiling—What Happens If the U.S. Defaults

#169 What could happen if the U.S. Congress doesn't raise the debt ceiling and defaults on U.S. financial obligations, and why does Congress wait until the last minute before it acts on these things.S...

16 Elo 201728min

Is Life More Difficult For Millennials?

Is Life More Difficult For Millennials?

#168 How being a millennial is both different and the same from young adults of earlier generations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/p...

9 Elo 201726min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
rss-sisalto-kuntoon
sijoituspodi
rahapuhetta
rss-karon-grilli
herrasmieshakkerit
rss-bisnesta-bebeja
rss-draivi
leadcast
rss-lahtijat
rss-laakispodi
rss-seuraava-potilas
rss-paasipodi
rss-yrittajan-mindset
asuntoasiaa-paivakirjat