The first rule of compounding - Never interrupt it unnecessarily - Charlie Munger
Quote
The first rule of compounding: Never interrupt it unnecessarily.
Reflection
Easy to say, hard to do
Author
Charlie Munger
Reference
The Great Mental Models, Volume 4 - Economics and Art - Shane Parrish
Related
- Compounding is magic
- Compounding applies to knowledge, experience and relationships and not just money
- Debt also compounds like savings
- Good and evil both increase at compound interest - C.S. Lewis
- Play iterated games. All the returns in life whether in wealth relationships or knowledge come from compound interest - Naval Ravikant