After watching a short segment of Fu Peng's video, he actually speaks quite well.
Young people must earn 20 times at least once, otherwise they will never be able to stand out.
I didn't understand before, but after trading, I understood.
Behind compound interest is a huge time cost.
Skills, experience, and influence can compound, but financial compound interest is filled with huge traps. When young, there is no possibility of standing out, and by middle age, the burdens of family and career will quickly swallow up previous accumulations.
Even if Charlie Munger faced so many setbacks in his middle age, he was still a prominent lawyer with a considerable income, not at a dead end.
For most ordinary people, financial compound interest is a castle in the air. #加密市场反弹 $ETH