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...
Salt is a crucial ingredient we consume daily, neither from animal products nor from vegetables. The salty taste plays a major role in determining what we find delicious. When restaurant food is overly salty, customers often complain, but if it’s not salty enough, they typically remain silent and don’t revisit after their meal. Salty taste serves as a standard of flavor and is essential for life. Salt must maintain a specific concentration in our blood, known as osmolality, to support our existence. This necessity also explains why we may dislike or spit out food that is excessively salty. Essentially, our reaction to saltiness stems from an instinct for survival. Thus, it goes beyond mere pleasure; it is a critical aspect of our survival. - Joseph’s “just my thoughts”