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.

Episoder(571)

Is Bitcoin Better At Money Than The Dollar?

Is Bitcoin Better At Money Than The Dollar?

#167 Why bitcoin is a compelling speculative diversifier and how it has been a better store of value than both the U.S. dollar and gold.See Privacy Policy at https://art19.com/privacy and California P...

2 Aug 201732min

Do We Really Need Growth?

Do We Really Need Growth?

#166 Why enterprises, industries, and economies can't grow at all costs but need to enrich humanity and strive for permanence and sustainability through regeneration.See Privacy Policy at https://art1...

26 Jul 201728min

Why Do We Invest? It's Not Just For Return

Why Do We Invest? It's Not Just For Return

#165 How corporations evaluate and use investment capital provided by individuals. Why companies find it easier to buy back stock rather than invest in capital projects.See Privacy Policy at https://a...

19 Jul 201729min

Optionality—When To Keep Your Options Open and When To Commit

Optionality—When To Keep Your Options Open and When To Commit

#164 How to use the asymmetric payoff of options, trial and error, and commitments to better yourself financially and in other areas of your life.See Privacy Policy at https://art19.com/privacy and Ca...

12 Jul 201727min

Vacation Special: A Conversation With Roger Whitney, The Retirement Answerman

Vacation Special: A Conversation With Roger Whitney, The Retirement Answerman

A conversation with Roger Whitney about retirement investing, asset allocation, active versus passive management, luck versus skill, behavioral finance the difference between investing, speculating an...

5 Jul 201731min

Is There An Indexing Bubble?

Is There An Indexing Bubble?

#163 How an indexing bubble is manifest, why most active managers underperform and how individuals can structure their own quasi index fund that outperforms the market.See Privacy Policy at https://ar...

28 Jun 201729min

Is Inflation A Good Thing?

Is Inflation A Good Thing?

#162 What causes inflation and why do central banks allow it to persist instead of having a 0% inflation target.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https:/...

21 Jun 201731min

What You Need To Know About Retirement Calculators

What You Need To Know About Retirement Calculators

#161 How retirement planning and retirement spending calculators work and what are some of their flaws. Why figuring out how much money you will have when you retire and how long it will last is a lot...

14 Jun 201730min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
pengesnakk
liberal-halvtime
livet-pa-veien-med-jan-erik-larssen
lederpodden
rss-pa-konto
rss-politisk-preik
finansredaksjonen
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
rss-densannepodden
rss-impressions-2