Compounding Beyond Money 🧠- The Power of Compounding Explained - FutureIQ
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Dec 08, 2023
Description
Examples of compound interest are everywhere. And we still can't fathom the power of compounding even after learning it theoretically. That's why we compiled some interesting real-life examples, stories, and more about the power of compound interest to help you understand how compound interest works, how to take advantage of compounding, and where it applies in real life. Watch the complete episode to learn it all.
Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter:
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Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS
Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v
Other episodes you may enjoy:
Make 10 Years Plan: https://youtu.be/iZ8wG4bT4wg
Karmanye Waadhikaraste: https://youtu.be/95Zi_4OthbY
70 hrs vs 40 hrs Work Week: https://youtu.be/-RecyHRKWpA
More links:
Atomic habits book: https://tapthe.link/AtomicHabitsBook
Moore's law: https://en.wikipedia.org/wiki/Moore%27s_law
OpenAI Professions that will get replaced: https://arxiv.org/pdf/2303.10130.pdf
Chapters:
00:00 Introduction
01:10 You don't understand compounding
02:27 Sissa's story
06:12 Atomic Habits
09:12 Learning compounds
10:28 Cancer compounds
14:40 Moore's law
18:47 AI & ChatGPT
20:45 MLM
24:30 Compounding principles
28:50 Interruptions in compounding
31:42 Verdict
#futureiq #compounding #compoundinterest
Transcript
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