The Motley Fool's Kevin Welch talks about the compounding effect of money and interest. He says that sometimes it compounds in ways we don't appreciate or know for better or for ill. Welch: "Everything is compounded up to this moment for better and for ill"
Not all advice is excellent, and not all futurists are right. But Kevin Kelly, Founder and Senior Maverick of Wired Magazine, is the exception on both fronts. Today he returns to Rule Breaker Investing to share his optimistic take on the generous nature of the universe and our place in it.
- (00:11:57) The Magic of Compounding
- (00:17:50) Why the Size of your Balcony Matters
- (00:20:45) Choosing Optimism
- (00:29:40) Ending Meetings Early
- (00:31:35) Saints and Superheroes
- (00:40:35) Underestimating Long Term Possibilities
- (00:45:18) Choose Options that Open Up More Options
- (01:00:37) The Cheapest Possible Therapy
- (01:06:38) Inevitable Updates
Companies Mentioned: AMZN, IRBT, ATVI, GOOG, BRK
Host: David Gardner Guest: Kevin Kelly Producer: Rick Engdahl