Compounding Quality
Compounding Quality

@QCompounding

13 Tweets 8 reads May 12, 2024
10 Tweets that will change your life forever
1. Shut up and wait:
2. Charlie Munger:
Don’t be surprised when you lose to people like this
by @FoundersPodcast
@FoundersPodcast 3. How to Get Rich without getting lucky by @naval
@FoundersPodcast @naval 4. At 25 you don't have $100,000 yet?
A salary of $10,000/month isn't that much, is it?
A year's income of $500,000 is small, isn't it?
Every time I read these things on my timeline I always remember this quote:
"Enough."
How much is enough for you?
@FoundersPodcast @naval 5. “The first rule of compounding is to never interrupt it unnecessarily.” – Charlie Munger
@FoundersPodcast @naval 6. The man who does not read has no advantage over the man who cannot read. —Mark Twain
@FoundersPodcast @naval 7. Percentage gains needed to recover from a loss:
@FoundersPodcast @naval 8. Nassim Taleb on true wealth:
@FoundersPodcast @naval 9. “Every time you hear EBITDA, just substitute it with 'bullshit’” - Charlie Munger
@FoundersPodcast @naval 10. The psychology of a market cycle:
BONUS
BONUS

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