Compounding

April 26, 2017

Published by motivus at April 26, 2017

Don’t Risk What You Have and Need for What You Don’t Have and Don’t Need

Game theory exhibits again and again that people are risk-averse to their detriment. We value a bird in the hand rather than two in the bush, beyond what makes mathematical sense. The common theories associated with this conclusion typically adhere to a Darwinian explanation whereby excessively daredevil-minded forefathers hurt themselves […]

February 29, 2016

Published by motivus at February 29, 2016

The Power of Compounding: Weeds on a Neglected Tomb

Put just a little away. 3 bucks a day over 40 years should result in a million. $3 a day. And you can do better than $3 a day. Nobody gets rich; everyone can amass wealth. It is really hard to get rich quickly. Win the lottery or start a […]