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Quiet Compounding
One of the best hacks in the investment field is learning to be happy doing nothing.
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
In a world of abundance, delayed gratification is the optimal strategy. Genetically, there's a preference for the former, which means that a mature person with a measure of self-control has an advantage, being able to wait for bargains. It also means if you have patience and don't depend on speed, there are fewer costs to be paid for the additional
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