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Quiet Compounding
Charlie Munger put it well: “The first rule of compounding is to never interrupt it unnecessarily.”
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
It’s about earning pretty good returns that you can stick with and which can be repeated for the longest period of time. That’s when compounding runs wild.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Compounding works best when you can give a plan years or decades to grow. This is true for not only savings but careers and relationships. Endurance is key.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
How I Invest My Money: Finance experts reveal how they save, spend, and invest
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