Saved by Luc Cheung
Staying Put
If you are a writer, sturdiness is a very powerful virtue, even if you do not always feel you are being extremely productive. Imagine, for instance, that you are working on a book and you get one page done every day, but you do this every single day. That would give you 365 pages a year, which is longer than most books; furthermore, it is a pace th
... See moreDaniel Gross • Talent: How to Identify Energizers, Creatives, and Winners Around the World
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. And when you consider our tendency to change who we are over time, balance at every point in your life becomes a strategy to avoid future regret and encourage endurance.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Good news comes from compounding, which always takes time, but bad news comes from a loss in confidence or a catastrophic error that can occur in a blink of an eye.