The magic force of money and interest does apply even beyond the little stacks of bills. It is absolutely true for finance, but it's also true for other things like relationships. If you can love a few percent more than you are when you're being nasty or mean, you can actually compound that over time and accumulate something good. So everything is compounding. What we do is parents' compounds.
The pessimist believes that setbacks become one’s identity. The optimist believes something else.
Kevin Kelly is the founding executive editor of “Wired” magazine and the author of “Excellent Advice for Living: Wisdom I Wish I’d Known Earlier.” Motley Fool co-founder and Chief Rule Breaker David Gardner caught up with Kelly to discuss:
- The power of compounding in your finances and personal relationships. - ChatGPT and the origins of hacking. - Why investors should be unafraid of losing.
Today’s conversation comes from a recent episode of David’s weekly podcast, Rule Breaker Investing. To hear the entire show, click here: https://www.fool.com/podcasts/rule-breaker-investing/2023-05-03-excellent-advice-for-living-with
Company discussed: AMZN
Host: David Gardner Guest: Kevin Kelly Producer: Ricky Mulvey Engineer: Rick Engdahl
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