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)

Should You Buy A Vacation Home?

Should You Buy A Vacation Home?

#130 How changes in financial circumstances, property markets, zoning rules and personal taste can make owning an illiquid vacation property a risky proposition, but why we bought our dream place anyw...

26 Okt 201622min

Finding Simplicity On Other Side of Complexity

Finding Simplicity On Other Side of Complexity

#129 Why we need to embrace complexity in order to find lower cost, less stressful solutions to challenges including with investing. Plus is investing moral?See Privacy Policy at https://art19.com/pri...

19 Okt 201625min

Is There Too Much Savings?

Is There Too Much Savings?

#128 How holding onto goods longer before replacing them and a global savings glut impact the economy, interest rates and stock returns.See Privacy Policy at https://art19.com/privacy and California P...

12 Okt 201627min

Investing Is Wayfinding

Investing Is Wayfinding

#127 Investing is like exploring an unknown territory. What are the tools to help us navigate.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy...

5 Okt 201627min

Where Federal Money Flows

Where Federal Money Flows

#126 Why cutting federal spending and trying to lower the national debt reduces household income and spending, potentially causing a recession.See Privacy Policy at https://art19.com/privacy and Calif...

28 Sep 201629min

Is The Economy Really Doing That Poorly?

Is The Economy Really Doing That Poorly?

#125 How to thrive in an ever changing, increasingly complex economy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

21 Sep 201628min

Build Your Inventory, Discover Your Theme

Build Your Inventory, Discover Your Theme

#124 How to balance developing new skills, learning new things and becoming an expert.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-...

14 Sep 201625min

Why Health Insurance Premiums and Prescription Drug Prices Are Exploding

Why Health Insurance Premiums and Prescription Drug Prices Are Exploding

#123 How pharmaceutical companies use of maximum pricing power is leading to double digit annual increases for prescription drug prices and health insurance premiums.See Privacy Policy at https://art1...

7 Sep 201631min

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