The temptation to look and feel busy is real and ever-present, especially when you’re young and trying to prove your value. Early-on, we fell prey to it like most do. We intervened unnecessarily in portfolio companies to help “save the day” and listened to low-probability pitch after pitch to make sure we didn’t miss something. We had packed... See more

People underestimate compounding and long games. When people think “that’s not possible”, “you can’t do that”, “that won’t work”, it’s often because they’re imagining something like 5 years, 10 years. Things get very different when you have 50 year plans

DAILY ACUMEN

Compounding

The math of compounding is simple: exponential growth from reinvested returns.

The psychology is brutal: years of apparent stagnation before the curve bends.

That’s why most people quit too soon. They want visible progress every quarter, every promotion, every investment statement.

But compounding doesn’t reveal itself... See more