Sublime

The danger here is that when compounding isn’t intuitive we often ignore its potential and focus on solving problems through other means. Not because we’re overthinking, but because we rarely stop to consider compounding potential.

that insight needs to be refined, expanded, and produced (REP)—and, often, radically altered. That’s where the REP phase of creation comes in.

Compound interest also happens in your reputation. If you have a sterling reputation and you keep building it for decades upon decades, people will notice.

Charlie Munger says the first rule of compounding is to never interrupt it unnecessarily. But how do you not interrupt a money plan—careers, investments, spending, budgeting, whatever—when what you want out of life changes? It’s hard.

The danger here is that when compounding isn’t intuitive we often ignore its potential and focus on solving problems through other means.