lesson

Human minds cannot think in exponential only linear fashion.

Realize the compounding effect through the story of folding a piece of paper only takes 42 times to reach the moon.

Learn the rule of 72 for rate of doubling.

Be the most optimistic when it seems like the world is ending and be more pessimistic when everyone seems to be too comfortable making money

Invest in experiences – travel, skill acquisition, taking some courses rather than acquiring possessions

You’re never done – learning, earning, growing or giving

The best investment you can make is one in yourself and your lifestyle

Purpose of investing is to be able to do the things you want to do but not at the expense of stress, strains and discomfort that goes along with bad market environments

Discover your calling by going back to your roots, your childhood, the primal inclinations which set you on fire – the things which you got very enthusiastic about and couldn’t stop thinking about. Things which are so fun or easy for you are good signs.

Every correct answer is necessarily a secret: something important and unknown, something hard to do but doable. There are two kinds of secrets: secrets about nature and secrets about people. Natural secrets exist all around us; to find them, one must study some undiscovered aspect of the physical world. Secrets about people are different: they are

Most hackers don’t start their startup because they think they don’t know anything about business and are afraid of competition. Neither of these fences have any “current” in them. There are only two things you have to know about business: build something users love and make more than you spend. If you can get these two right, you’ll be ahead of