3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP534: The Joys of Compounding by Gautam Baid

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Developing Your Own Ideas

Gautam Rylie points out that developing this sort of wisdom requires a ton of thinking and connecting the dots within your own mind. Thinking means concentrating on one thing long enough to develop an idea about it, not learning other people's ideas or memorizing a body of information. Henry Ford once stated, thinking is the hardest work there is, which is probably why so few people engage in it.

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