Warren Buffett, who has amassed 99% of his wealth since the age of 50, revealed that the secret lies in “compound.” When you lend money, interest is added to the principal as income. Initially, interest is applied only to the principal, but compound interest is applied to both the principal and the accumulated interest. Therefore, at first, it seems negligible, but over time, significant wealth growth takes place. The same principle applies to reading: even if your reading speed is slow, consistently reading just a few books each day can lead to a wealth of knowledge. After a year, this accumulated knowledge creates a network effect, allowing you to quickly absorb new information. Consequently, your reading speed increases dramatically, leading to an exponential growth in the volume of material you can handle. This exemplifies the compound interest effect. Even small, consistent actions taken daily can build up and create a compound interest effect over time. Cartoonist Lee Hyun-se sta...
The "problem" does not suddenly appear, but as a result of accumulating some serial accidents for a long time, this is the essence of the problem. However, the person who wants to solve the problem seeks to clarify it with just one stroke. That's egoism and contradiction. Such a person likes to listen to someone else's ear candy or wants to eat a piece of cake in someone else's greedy mouth. And because the person pours out the accusations and grumblings from the mouth, good people leave the side of this person. The stubbornness of staying unchangeable and comfortable makes greed easier than what is to be coveted something. - Joseph's "just my thoughts"